Shares in U.S.-listed Chinese technology companies such as Alibaba, JD.com and Temu's parent company PDD fell sharply Monday. Alibaba recently stood about 9.5% lower, while PDD lost 8%. The pullback ...
Alibaba Cloud invests $53 billion in artificial intelligence to drive AI infrastructure, cloud computing and LLMs as Alibaba ...
The investment, which exceeds Alibaba’s total AI and cloud spending over the past decade, underscores the company’s focus on AI-driven growth and its role as a leading global cloud provider,' accordin ...
Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
Alibaba Group Holding Ltd. has announced an ambitious plan to invest over 380 billion yuan ($53 billion) in AI infrastructure over the next three years. Alibaba joins global AI race by investing $53 ...
The rise of solar energy brings recycling challenges; this article examines methods and innovations crucial for managing ...
Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...
E-commerce giant Alibaba is back in the spotlight with founder Jack Ma’s attendance at Chinese President Xi Jinping’s big tech billionaire bash. The company’s big bet on AI also seems to be paying off ...
Asian equities were largely lower despite a weaker US dollar overnight, as Japan outperformed and India underperformed.
Even as sector majors retreated, mid and small-cap IT firms and GCCs have stepped up hiring. This and more in todays ETtech ...
Alibaba plans to invest 50 billion euros in artificial intelligence and cloud computing, aiming to boost digital innovations ...
Alibaba announces a $53 billion AI investment alongside its Q4 earnings report, promising future growth through AI and cloud.