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.

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. 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 BABA delivered mixed results in its third-quarter fiscal 2025 earnings report, triggering a significant market response with shares surging 10% in Hong Kong and 8% in U.S. trading. The ...