Alibaba, Cloud

Alibaba to invest more than $52 billion in AI over next 3 years
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Alibaba to Spend More Than $52 Billion in AI, Cloud Over Next Three Years
The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure.
Alibaba Group announces multi-billion dollar AI and cloud investment
Alibaba Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial intelligence across several of its divisions such as e-commerce and consumer applications.
Alibaba’s stock falls on expensive AI-investment pledge
Alibaba Group Holding Ltd.’s U.S.-listed stock fell 2.7% in premarket trading on Monday after the online retailer said it plans to spend about $53 billion over the next three years on its cloud computing and Artificial Intelligence infrastructure.
Alibaba Plans to Spend $53 Billion on AI in a Major Pivot
Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data centers over the next three years, a major commitment that underscores the e-commerce pioneer’s ambitions of becoming a leader in artificial intelligence.
China's Alibaba to invest $50 bn in AI, cloud computing
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma
Alibaba to invest over $52 billion in AI and cloud infrastructure over next three years
Chinese tech company Alibaba (NYSE:BABA) on Monday unveiled plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the next three years.
Alibaba's AI-Powered Turnaround
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Alibaba is going all in on developing AI that can reason like a human being
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Apple will use Alibaba AI tech in iPhones
Apple Inc.'s iPhones will use Alibaba Group Holding Ltd.'s AI technology, the Chinese firm's chairman said, affirming reports ...
Apple picks Alibaba to launch AI features in China
Apple will work with Chinese tech giant Alibaba to roll out AI services in the world’s biggest market for mobile phones, in a ...
Apple's Alibaba AI deal is unlikely to be a silver bullet for its China woes
Apple and Alibaba are set to partner and bring AI to iPhones in China at a time when its smartphone sales in the country are ...
Alibaba to partner with Apple on AI features, sending shares to 3-year high
Alibaba will partner with Apple to support iPhones' AI services offering in China, its chairman said on Thursday, a move ...
Apple partners with Alibaba to bring AI for iPhones to China, The Information reports
Apple selected Baidu as its main partner last year, but the company's progress in developing models fell short of its ...
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Apple Taps Alibaba’s AI to Revive iPhone Sales in China
Alibaba and Apple’s partnership will lead to AI-powered features being integrated into iPhones for the Chinese market.
These Stocks Are Moving the Most Today: Berkshire Hathaway, Apple, Alibaba, Nvidia, Domino’s Pizza, and More
Berkshire Hathaway‘s fourth-quarter operating earnings surge 71%, Apple plans to spend more than $500 billion in the U.S.
Alibaba joins global AI race, commits to $53 billion investment over 3 yrs
Chinese e-commerce giant Alibaba Group will focus on expanding data centres and computing capabilities to support the next ...