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.
Qwen 2.5 VL redefines visual understanding with scalable AI solutions for e-commerce, finance, research, and more. Advanced ...
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Sparked two years ago by the launch of Meta’s open source Llama model — and ignited into a frenzy by the release of DeepSeek ...
The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.
The recent rise of DeepSeek and Alibaba's Qwen artificial intelligence platforms is a hot topic among technology experts and ...
Alibaba Group Holding's Qwen artificial intelligence (AI) model is powering the world's top 10 open-source large language ...
Chinese e-commerce giant Alibaba highlighted its AI ambitions as it reported strong results for its third quarter, fueling ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project Alibaba Group Holding will invest at least 380 billion yuan (US$52.4 billion) in its ...
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 ...
Research reveals the academic and professional connections that shaped Deepseek and Qwen’s AI engineers and their relationship with Microsoft The recent rise of Alibaba’s Deepseek and ...
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