Alibaba's Cloud Intelligence Group includes Aliyun, the company's cloud computing unit. It is a dominant player in China's domestic cloud computing sector, with a 34% market share, according to ...

Accounting for 9% of the group’s entire revenue, the cloud business drew in $2.7 billion in the first three months alone. Beyond infrastructure-as-a-service, Alibaba Cloud’s offerings also ...

Alibaba co-founder Joe Tsai is taking over as chairman with Eddie Wu as CEO. Current chairman & CEO Daniel Zhang will head the cloud business.

Alibaba's cloud computing division said it has become the first Chinese enterprise to support Meta's open-source artificial intelligence (AI) model Llama, allowing its Chinese business users to ...

Alibaba Cloud has introduced a new support program: The GenAI Empowerment Program is aimed at global developers and start-ups that use the Qwen models to develop generative AI applications.

Alibaba’s Cloud Intelligence Group is the key long-term growth driver, fueled by AI demand and rapid expansion. See why I rate BABA stock a buy.

The spending of at least 380 billion yuan, equivalent to $52.41 billion, will surpass the company’s AI and cloud computing investment over the past decade, Alibaba said in a post Monday on its ...

Alibaba will invest RMB 380 billion (US$53bn) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years in a bid to dominate the next wave of technological ...