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.

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 ...

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 ...

Alibaba 9988-1.60%decrease; red down 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 ...

(Bloomberg) -- Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data centers over the next three years, a major commitment that ...

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 ...

She previously worked at The Wall Street Journal and Bloomberg. Long Wei / VCG via Getty Images U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese ...

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% ...

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 ...

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 ...

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 ...