Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Strong demand for advanced AI chips, particularly from hyperscalers, could change if customers start turning to ...
BEIJING: Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud ...
Alibaba Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...
The AI race is heating up like never before, with companies across the globe fighting to stay on top. Right now, it's mainly ...
Alibaba has gained more than $100 billion of market value in 2025, though it’s still far from its pre-crackdown peak.