Alibaba’s Massive $52B+ Bet on AI and Cloud Infrastructure
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.
The scramble for talent comes as Chinese start-up DeepSeek sets off a national frenzy to adopt AI in various industries.
Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...
With the stock still inexpensive and a turnaround taking hold, Alibaba remains an attractive investment. The company is ...
Damo Academy announced its new server-grade C930, along with plans for future XuanTie chips that include AI acceleration.
Alibaba releases free AI video model Wan2.1, boosting competition with OpenAI as China pushes open-source tech to drive ...
The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure ...
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Alibaba's stock soars on profit growth and Beijing's stimulus, but risks of correction emerge as valuation exceeds intrinsic ...
Alibaba Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial ...
A group of AI researchers have discovered a curious phenomenon: models say some pretty toxic stuff after being fine-tuned on ...
We recently compiled a list of the Jim Cramer Discusses These 12 Stocks, Elon Musk & President Trump. In this article, we are ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results
Feedback