Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...

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 said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial ...

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

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

Eddie Wu, the company's chief executive officer (CEO), also emphasised that Alibaba has been focusing more on artificial intelligence lately, which has also propelled its current growth. He has also ...

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

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 ...

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