Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...
KEY TAKEAWAYS U.S.-listed shares of Alibaba Group are rising in premarket trading Friday after GameStop CEO Ryan Cohen ...
Wu Yongming, CEO of Alibaba Group, said the investment exceeds the company's total AI and cloud spending of the past decade, ...
Alibaba Group is planning to spend more money on building out cloud and AI infrastructure over the next three years than it ...
For the three months ended Dec. 31, the Chinese tech giant's revenue jumped 8 percent year-over-year to 280.1 billion ...
The former is an e-commerce giant, a leader in cloud computing, a major cross-border e-commerce player, a leading logistics company, and more. The latter owns China's most prominent search advertising ...
Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...
Alibaba's strong Q4 beat shows growth in e-commerce and cloud. Learn why BABA stock faces risks despite AI-driven rally and ...
Alibaba (NYSE: BABA) reported strong fiscal Q3 results, with revenue of $38.38B (+8% Y/Y) and earnings per ADS of $2.93, ...
Apple Inc.'s iPhones will use Alibaba Group Holding Ltd.'s AI technology, the Chinese firm's chairman said, affirming reports ...
The e-commerce company posted a better-than-expected 7.6% rise in revenue as it worked to put growth back on track amid ...
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