Alibaba’s Massive $52B+ Bet on AI and Cloud Infrastructure
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.
China, Alibaba and Trump
Alibaba will release an open-source version of its video and image-generating artificial intelligence model, Wan 2.1, the ...
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Chinese Tech Giant Alibaba Will Spend More Than $50B on AI and Cloud Computing Over Next Three Years
The company’s AI investment exceeds its decade-long budget, reinforcing its commitment to long-term tech growth.
Alibaba's Q3/25 results were strong, with significant revenue and EPS growth. Click here to read why BABA stock remains a ...
Alibaba's shares opened 10% higher in Hong Kong on Friday to reach their highest level in more than three years, after it ...
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
The introduction of QwQ-Max-Preview comes as Alibaba pledges to invest US$53 billion on cloud and AI infrastructure in the ...
Chinese tech giant Alibaba announced on Monday its plan to invest over $52.4 billion in artificial intelligence (AI) ...
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