Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
DeepSeek's outside funding draws interest from Alibaba, Chinese state funds, The Information reports
Chinese AI startup DeepSeek is considering outside funding for the first time and has drawn interest from Alibaba and state ...
Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...
For the three months ended Dec. 31, the Chinese tech giant's revenue jumped 8 percent year-over-year to 280.1 billion ...
"One thing we learned from DeepSeek is that open-sourcing the best models can greatly help adoption," said Baidu's Robin Li.
China's home-grown technological innovations - like the DeepSeek large language model that has taken the artificial ...
GDS Holdings stock has surged due to bullish sentiment on China's AI sector. Read this article to know why we upgraded GDS ...
Chinese shares closed higher amid positive sentiment over tech stocks and Chinese AI firm DeepSeek. Alibaba's latest earnings ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
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