Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...
The need for more AI chips and servers to handle fast-growing usage and support model development drove its decision to ...
GDS Holdings stock has surged due to bullish sentiment on China's AI sector. Read this article to know why we upgraded GDS ...
Chinese shares closed higher amid positive sentiment over tech stocks and Chinese AI firm DeepSeek. Alibaba's latest earnings ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.