The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure ...

Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...

Alibaba to invest over $52 billion in AI, cloud infrastructure over next three years. Prosus to acquire Just Eat Takeaway for ...

The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.

The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.

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

Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.

Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...

Alibaba Group has planned to enter into the global AI race by investing more than 380 billion yuan in artificial intelligence ...

Alibaba (BABA) announced a massive investment of $53 billion over the next three years to expand its AI (artificial intelligence) and cloud ...

Chinese e-commerce giant Alibaba highlighted its AI ambitions as it reported strong results for its third quarter, fueling ...

For the three months ended Dec. 31, the Chinese tech giant's revenue jumped 8 percent year-over-year to 280.1 billion ...