Alibaba Group Holding Ltd has announced a massive investment of $53 billion in artificial intelligence (AI) infrastructure, ...

Alibaba announces historic $380B yuan investment in AI and cloud computing infrastructure over next 3 years, marking largest ...

The Chinese e-commerce giant had said it had plans to invest in the sector while announcing its results on Friday, but did not provide an exact figure at the time ...

Chinese tech company Alibaba (NYSE:BABA) on Monday unveiled plans to invest at least 380 billion yuan ($52.44 billion) in its ...

Alibaba’s cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in ...

Alibaba Group (NYSE:BABA – Free Report) had its target price upped by Benchmark from $118.00 to $190.00 in a research note issued to investors on Friday morning,Benzinga reports. The brokerage ...

Alibaba Group (NYSE:BABA – Free Report) had its price target raised by Bank of America from $117.00 to $150.00 in a research report sent to investors on Friday,Benzinga reports. Bank of America ...

Alibaba Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...

Alibaba, co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade.

BEIJING: Chinese tech giant Alibaba said on Monday (Feb 24) it will spend more than US$50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder ...

This investment comes even as Alibaba has been facing regulatory challenges in China since 2020. Following years of ...