The United States is the biggest market for servers, accounting for 56 percent of revenue and posting 118 percent revenue ...

Alibaba has pledged to invest “at least” 380 billion yuan ($52 billion) in new cloud and AI infrastructure over the next three years. The move comes the week after company founder Jack Ma ...

Alibaba 99885.46%increase; green up pointing triangle Group plans to invest more than $52 billion on AI and cloud infrastructure over the next three years, in a bid to seize more opportunities in ...

The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its core e-commerce business. Alibaba is planning to invest 380 billion yuan ...

A recent survey, Tech-Driven Sustainability Trends and Index 2024, commissioned by Alibaba Cloud, reveals that 76% of businesses across Asia, Europe, and the ...

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 ...

Alibaba (BABA) announced a massive investment of $53 billion over the next three years to expand its AI (artificial intelligence) and cloud computing capabilities. This investment, which surpassed ...

Alibaba Cloud has open sourced its family of video foundation models to provide businesses and researchers with access to video creation capabilities. The four models in the Tongyi Wanxiang (Wan ...

Alibaba Group Holding will invest at least 380 billion yuan (US$52.4 billion) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years, in China's largest ...

Despite its AI and cloud businesses delivering such massive earnings in the year so far, it's unlikely that this will remain as free cash for all of Alibaba's endeavours. The company has committed ...

Chinese tech company Alibaba (NYSE:BABA) on Monday unveiled plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the ...

Alibaba Group plans to invest more than $52 billion on AI and cloud infrastructure over the next three years, in a bid to seize more opportunities in the artificial-intelligence era. The spending ...