Alibaba and hidden champion NetEase are key to understanding China's GenAI. Newsletters Games Share a News Tip. ... More November 3, 2022 in Hangzhou, Zhejiang Province of China.

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 ...

The Hangzhou-based company on Thursday reported a 7.6% rise in revenue to 280 billion yuan, equivalent to $38.5 billion—the fastest pace since the September quarter of 2023 and beating analysts ...

As China vies with Silicon Valley for primacy, Hangzhou, home to DeepSeek and Alibaba, is where its aspiring tech titans mingle and share ideas. The West Lake in Hangzhou, China. The city has ...

An Alibaba executive has denied reports that the Chinese e-commerce giant intends to invest in DeepSeek, Chinese news outlet The Paper reported on Friday. Skip to main content ...

Chinese technology company Alibaba released on Thursday new open-source artificial intelligence models and text-to-video AI technology, intensifying its efforts to compete in the booming area of ...

Chinese e-commerce giant Alibaba (NYSE:BABA) is set to post third quarter results on Thursday, before markets open. Wall Street expects the company to post EPS of $2.66 on revenue of $38.25 billion.

Alibaba Group Corporate Campus in Xixi, Hangzhou, China. Image credit: www.alibabagroup.com eWEEK content and product recommendations are editorially independent. We may make money when you click ...

Alibaba 9988 0.79 % 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 ...