Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure ...
Chinese e-commerce giant Alibaba’s capex tripled year-on-year to $10 billion year in 2024, with a planned investment in AI ...
The internet company co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the ...
Alibaba Group Holding Ltd. (NYSE: BABA) has announced an investment of 380 billion yuan ($53 billion) for its cloud computing ...
Alibaba’s cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in ...
Alibaba has gained more than $100 billion of market value in 2025, though it’s still far from its pre-crackdown peak.
Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...
Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...
Alibaba (BABA) announced a massive investment of $53 billion over the next three years to expand its AI (artificial intelligence) and cloud ...
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