Alibaba’s Massive $52B+ Bet on AI and Cloud Infrastructure
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.
Qwen, released by Alibaba, is the new model making waves because it technically surpasses the likes of DeepSeek and ChatGPT.
Chinese e-commerce firm Alibaba Group Holding on Tuesday unveiled a preview of its next reasoning model QwQ-Max, which could rival industry-leading competitors including OpenAI's o1 and DeepSeek's R1, ...
The QwQ-Max reasoning model is ‘designed to push the boundaries of deep reasoning and versatile problem-solving.’ ...
Investors looking for companies they can invest in to benefit from the growth of AI in China have generally focused on ...
Chinese e-commerce giant Alibaba highlighted its AI ambitions as it reported strong results for its third quarter, fueling ...
Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.
Alibaba (BABA) stock is falling 7% after the China-based tech conglomerate disclosed that it would spend at least 380 billion ...
The DeepSeek revolution is rippling through China’s tech sector, as hundreds of companies adopt the buzzy AI model in their ...
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