Alibaba’s cloud business, comprising its public cloud (Alibaba Cloud) and its corporate chat platform (DingTalk) products, posted revenue of $2.71 billion in the first quarter of 2023 ...

Chinese e-commerce giant Alibaba Group Holding saw profit surge 239 per cent cent in the December quarter to beat analysts' estimates, as the company's cloud computing services unit posted strong ...

Alibaba Cloud, a subsidiary of the Alibaba Group, has unveiled a number of innovations at its in-house Developer Summit. These include expanded large language models of the Qwen family ...

Alibaba's AI and cloud businesses show strong growth potential, with advancements in AI models and increased enterprise investment in AI workloads. The e-commerce business has stabilized with high ...

Jefferies said Alibaba Cloud "is a key player and outpaces peers in terms of capex spend." Alibaba shares have gained almost 90% in the past 12 months through Friday. U.S.-listed shares of Alibaba ...

Chinese e-commerce giant Alibaba Group has revealed it is investing $53 billion (€50.6bn) into cloud computing and artificial intelligence over the next three years. This would be one of the ...

SCCC provides its cloud services through data centers located within the kingdom. AlBakr explained that SCCC, established two and a half years ago, is a joint venture between stc, Alibaba Cloud, ...