Alibaba Group has announced a massive investment of 380 billion yuan ($52.44 billion) into generative AI and cloud computing infrastructure over the next three years.

Baidu BIDU and Alibaba BABA are two of China’s tech titans that have increasingly pivoted toward artificial intelligence (AI). Both companies dominate their respective fields – Baidu in online ...

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, plans to invest more than $60 million before the end of this fiscal year in March to capture AI innovation.

Alibaba's AI-driven growth and undervalued potential. A focus on AI monetization could finally shift the negative narrative.

China's free-for-all AI models, developed by firms like DeepSeek and Alibaba, present a viable alternative to US ...

Alibaba Group Holding Ltd (NYSE:BABA) is one of the top e-commerce stocks with long-term potential. On July 9, Jefferies ...

Alibaba announces $56 billion AI, cloud investment. Today, Alibaba Group Holding Ltd (NYSE: BABA), a leading global technology company with a market capitalization of $281.92 billion and annual ...

Alibaba invests $600M in Chinese AI startup MiniMax, valuing it at $2.5B. This adds to their previous $1B investment in Moonshot AI and reflects their focus on growth and AI innovation.

Alibaba's cloud revenue grew by 11% in its most recent fiscal quarter. Its AI-related product revenue increased by triple digits for the sixth quarter in a row, the company said in a blog entry.

In cloud computing and AI, Baidu faces competition from Alibaba Cloud and Tencent Holdings Limited’s TCEHY cloud services. The Case for Alibaba Stock Alibaba, China’s e-commerce behemoth, has ...

Online retailer plans to spend $53 billion over the next three years on AI and cloud technology Last Updated: Feb. 24, 2025 at 11:24 a.m. ET First Published: Feb. 24, 2025 at 6:59 a.m. ET Share ...

Baidu BIDU and Alibaba BABA are two of China’s tech titans that have increasingly pivoted toward artificial intelligence (AI).Both companies dominate their respective fields – Baidu in online ...