The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its ...

Alibaba will release an open-source version of its video and image-generating artificial intelligence model, Wan 2.1, the ...

Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent ...

Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...

Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...

Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...

Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.

Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...

The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure ...

Apple Inc.'s iPhones will use Alibaba Group Holding Ltd.'s AI technology, the Chinese firm's chairman said, affirming reports ...

Alibaba Group Holding's cloud computing arm has introduced its updated artificial intelligence (AI) model, Animate Anyone 2, ...

The introduction of QwQ-Max-Preview comes as Alibaba pledges to invest US$53 billion on cloud and AI infrastructure in the ...