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 ...

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

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.

Apple today announced its largest-ever investment commitment, pledging to invest more than $500 billion in the United States ...

Nvidia is due to report this week, with expectations high around the company's results, having become known as the stock ...

Chinese tech giant Alibaba announced on Monday that it will invest $50 billion into artificial intelligence and cloud ...