Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...
The AI industry recognizes DeepSeek as a major player and offers affordable prices while achieving strong results in complex ...
The investment amount is claimed to exceed Alibaba's spending in AI and cloud computing during the past decade.
Alibaba (BABA) stock is falling 7% after the China-based tech conglomerate disclosed that it would spend at least 380 billion ...
Alibaba Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...
The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.
Alibaba Cloud invests $53 billion in artificial intelligence to drive AI infrastructure, cloud computing and LLMs as Alibaba ...
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 ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project Alibaba Group Holding will invest at least 380 billion yuan (US$52.4 billion) in its ...
Alibaba Group Holding Ltd has announced a massive investment of $53 billion in artificial intelligence (AI) infrastructure, ...
Chinese tech giant Alibaba Group will invest more than 380 billion yuan (about $53 billion) in building cloud and hardware ...
Alibaba bets big on AI. Chinese internet giant Alibaba plans to spend more than $50 billion on artificial intelligence and ...