Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence (AI) and cloud ...

The investment, which exceeds Alibaba’s total AI and cloud spending over the past decade, underscores the company’s focus on AI-driven growth and its role as a leading global cloud provider,' accordin ...

Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.

Alibaba Group Holding Ltd. has announced an ambitious plan to invest over 380 billion yuan ($53 billion) in AI infrastructure over the next three years. Alibaba joins global AI race by investing $53 ...

In currency markets, the dollar’s sluggish moves after three weeks of losses helped to steady emerging-market exchange rates. The South Korean won and Thai baht outperformed as 18 of the 31 most ...

Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...

Alibaba plans to invest 50 billion euros in artificial intelligence and cloud computing, aiming to boost digital innovations ...

Alibaba announces a $53 billion AI investment alongside its Q4 earnings report, promising future growth through AI and cloud.

Chinese tech giant Alibaba announced on Monday that it will invest $50 billion into artificial intelligence and cloud ...

Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.

The level to watch is 4.335%, the top of the weekly Ichimoku cloud, followed by the 55-week exponential moving average, which is now at 4.265%, UOB added. Oil slid and is under increasing downward ...

Alibaba (BABA) plans to invest at least $52.44B in its cloud computing and artificial intelligence infrastructure over the next three years, ...