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Seven weeks after Alibaba announced its historic restructuring plan to split itself into six independent companies, the juggernaut is gearing up to spin off its cloud intelligence group.
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 ...
HONG KONG, July 26 (Reuters) - Alibaba's (9988.HK), opens new tab cloud computing division said it has become the first Chinese enterprise to support Meta's (META.O), opens new tab open-source ...
BEIJING, April 26 (Reuters) - E-commerce and tech giant Alibaba's (9988.HK), opens new tab cloud computing division will cut prices for its products and services by up to 50% starting Wednesday ...
Alibaba Group Holding chairman Joe Tsai said the company was now "on a very good path" after overcoming a series of setbacks ...
Hong Kong CNN — Daniel Zhang, the outgoing chairman and CEO of Alibaba, has stepped down from his position running the company’s cloud division in a surprise move announced just months after ...
Alibaba Group Holding Limited's core China Commerce and Cloud businesses are accelerating, with Cloud revenue up 18% YoY and strong operating income growth. Management is prioritizing heavy ...
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 ...
Chinese tech company Alibaba (NYSE:BABA) on Monday unveiled plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the ...