Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...

Alibaba said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial ...

The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.

Chinese tech giant Alibaba said on Monday it will invest more than 380 billion yuan (US$52.4 billion) on artificial ...

Investors looking for companies they can invest in to benefit from the growth of AI in China have generally focused on ...

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 ...

Chinese e-commerce giant Alibaba highlighted its AI ambitions as it reported strong results for its third quarter, fueling ...

Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...

Wu Yongming, CEO of Alibaba Group, said the investment exceeds the company's total AI and cloud spending of the past decade, ...

For the three months ended Dec. 31, the Chinese tech giant's revenue jumped 8 percent year-over-year to 280.1 billion ...