Alibaba Stock Falls. Why a $52 Billion AI Spending Pledge Is Rattling Investors.
Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
Will Nvidia remain the stock market's AI darling? Have your say
Nvidia is due to report this week, with expectations high around the company's results, having become known as the stock ...
Hiring sprouts in smaller IT cos; Blackstone and Aakash Institute
Even as sector majors retreated, mid and small-cap IT firms and GCCs have stepped up hiring. This and more in todays ETtech ...
Investor's Business Daily on MSN33m
Alibaba Stock Falls After China Tech Giant Pledges $52 Billion AI Spending Push
Alibaba Cloud Revenue Accelerates. The big spending plans comes as investors are scrutinizing costs related to AI, particularly after China startup DeepSeek launched a powerful AI ...
Automation World59m
Empowering Plant Floor Operators with LLMs Using Unified Namespace and On-Prem AI
It’s not about deploying new technology for technology’s sake, it’s about getting advanced tools into the hands of the people ...
WMTS 2025 Unveils SmartMTX Pavilion, Strengthens Industry Collaboration with the Manufacturing & Export Enhancement Cluster
Western Canada’s premier manufacturing event expands with smart manufacturing and automation innovationsEDMONTON, Alberta, ...
Channel NewsAsia Singapore1m
Alibaba to invest more than $52 billion in AI over next 3 years
Alibaba said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the next three years.($1 = 7.2470 Chinese yu ...