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 ...

(Reuters) -Alibaba said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the next three years.

Shares of Alibaba (NYSE: BABA) were taking a dive today after investors balked at the company's big spending plans in cloud and artificial intelligence (AI). As a result, the stock was down 9.7% ...

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 ...

Chinese e-commerce and cloud giant Alibaba stock surged nearly 8% in Thursday’s trading after the company delivered better-than-expected Q3 results (fiscal year ends in March), propelled by ...

Alibaba's Q3 FY 2025 earnings exceeded expectations, with net income of 48.945 billion yuan and operating income margins reaching 16.91%, indicating strong financial performance. The Cloud ...

Despite short-term volatility and risks like the looming trade war, Alibaba remains a strong long-term investment. The Chinese stock market shows signs of recovery, and Alibaba's recent 25% rally ...

Well-known Chinese giant Alibaba is following in DeepSeek’s footsteps with a different type of AI software that also happens to be very exciting. Alibaba made its text-to-video AI service called ...

BEIJING, Feb 26 (Reuters) - Chinese e-commerce leader Alibaba (9988.HK), opens new tab said on Wednesday its video- and image-generating artificial intelligence model Wan 2.1 is now publicly ...

Chinese tech giant Alibaba unveiled its latest artificial intelligence reasoning model on Thursday, boasting that its capabilities beat those of rival models from OpenAI and startup DeepSeek.