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 ...

U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese tech giant announced plans to invest more than $52 billion in artificial intelligence and cloud ...

Alibaba, the fourth largest cloud company in the world, unveils plans to invest $53 billion in AI infrastructure as China’s largest cloud provider seeks to become a more dominant global AI player.

Alibaba’s cloud business has also seen a slowdown, with cloud intelligence group revenue rising just 3% to $3.95 billion in the previous quarter, partly due to the U.S. restrictions on the ...

Alibaba's strong growth potential in AI, cloud, and e-commerce businesses projected to drive revenue growth, supporting a 'Buy' rating. Explore more details here.

Alibaba’s leadership in AI models could also attract more customers to the cloud business and improve the pricing power for Alibaba. Alibaba Cloud’s EBITA margin is only 8% compared with over ...

Alibaba Group (NYSE:BABA) on Wednesday announced that its cloud computing unit, Alibaba Cloud, has launched its first cloud region in Mexico, as the company aims to further its reach in the global ...

Alibaba’s generative AI could transform customer service and sales, boosting efficiency. Ali Cloud's AI integration aims to fuel growth in China’s tech and auto sectors. Market-moving news ...

Alibaba and Baidu are diversified and profitable. Baidu is a pure AI play with massive investment in autonomous driving. Alibaba leverages AI beyond its cloud computing to enhance its other ...

Zinger Key Points Alibaba cuts cloud service prices by up to 55%, sparking a price war with JD.com to win back market share. Alibaba and JD.com's price cuts signal a fierce tech rivalry, aiming to ...

Alibaba 9988 -1.91% 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.