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.
Alibaba will release an open-source version of its video and image-generating AI model, Wan 2.1, the Chinese tech giant said ...
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
DeepSeek said its again allowing customers to top up credits for use on its application programming interface. While those have now resumed, server resources will remain strained during the daytime, a ...
Alibaba's Q3/25 results were strong, with significant revenue and EPS growth. Click here to read why BABA stock remains a ...
Apple Inc.'s iPhones will use Alibaba Group Holding Ltd.'s AI technology, the Chinese firm's chairman said, affirming reports ...
Alibaba (NYSE:BABA), and ByteDance, are ramping up purchases of Nvidia’s (NASDAQ:NVDA) H20 AI chip, driven by booming demand ...
Investors are asking if their faith in US exceptionalism has gone too far. The contrast is most glaring when we look at China ...
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