Chinese stocks, led by a tech rally, have been on a tear since the release of DeepSeek's R1 model that challenged the ...
Chinese e-commerce giant Alibaba Group will focus on expanding data centres and computing capabilities to support the next ...
Alibaba, co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade.
Alibaba Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...
Alibaba’s cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in the last quarter. AI-related product revenue has surged for six consecutive ...
Alibaba said on Monday it plans to invest at least 380 billion yuan in its cloud computing and artificial intelligence ...
In recent weeks, Asian stocks have rallied, with Alibaba's sold earnings report boosting China's tech optimism further. The ...
Chinese tech giant Alibaba said on Monday it will invest more than 380 billion yuan (US$52.4 billion) on artificial ...
This investment comes even as Alibaba has been facing regulatory challenges in China since 2020. Following years of ...
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