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 ...

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

The US tech behemoth signals a strategic pivot with cancelled data center contracts while the Chinese tech giant's shares ...

Virtual and augmented reality will be the most adopted technologies by B2B manufacturers as they target growth in 2025, ...

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 ...

Alibaba (BABA) stock is falling 7% after the China-based tech conglomerate disclosed that it would spend at least 380 billion ...

The snack food industry continues to experience robust growth, driven by evolving consumer preferences, advancements in ...

Apple today announced its largest-ever spend commitment, with plans to spend and invest more than $500 billion in the U.S.

Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...

Asian equities were largely lower despite a weaker US dollar overnight, as Japan outperformed and India underperformed.

Alibaba announces a $53 billion AI investment alongside its Q4 earnings report, promising future growth through AI and cloud.