The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its core e-commerce business. Alibaba is planning to invest 380 billion yuan ...

Alibaba, the fourth largest cloud company in the world, unveils plans to invest $53 billion in AI infrastructure as China’s largest cloud provider seeks to become a more dominant global AI player.

Alibaba Cloud debuted at the Mobile World Congress (MWC) and hosted a global summit during the event. Wei-guang Liu, SVP of ...

U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese tech giant announced plans to invest more than $52 billion in artificial intelligence and cloud ...

Alibaba 99885.46%increase; green up pointing triangle Group plans to invest more than $52 billion on AI and cloud infrastructure over the next three years, in a bid to seize more opportunities in ...

Alibaba will invest RMB 380 billion (US$53bn) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years in a bid to dominate the next wave of technological ...

Alibaba has pledged to invest “at least” 380 billion yuan ($52 billion) in new cloud and AI infrastructure over the next three years. The move comes the week after company founder Jack Ma ...

Alibaba Cloud has open sourced its family of video foundation models to provide businesses and researchers with access to video creation capabilities. The four models in the Tongyi Wanxiang (Wan ...

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

Alibaba Group Holding will invest at least 380 billion yuan (US$52.4 billion) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years, in China's largest ...

Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations ...