Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence (AI) and cloud ...

The investment, which exceeds Alibaba’s total AI and cloud spending over the past decade, underscores the company’s focus on AI-driven growth and its role as a leading global cloud provider,' accordin ...

Alibaba (BABA) stock is falling 7% after the China-based tech conglomerate disclosed that it would spend at least 380 billion ...

Alibaba Group Holding Ltd. has announced an ambitious plan to invest over 380 billion yuan ($53 billion) in AI infrastructure over the next three years. Alibaba joins global AI race by investing $53 ...

Berkshire Hathaway‘s fourth-quarter operating earnings surge 71%, Apple plans to spend more than $500 billion in the U.S.

In currency markets, the dollar’s sluggish moves after three weeks of losses helped to steady emerging-market exchange rates. The South Korean won and Thai baht outperformed as 18 of the 31 most ...

Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...

Alibaba announces a $53 billion AI investment alongside its Q4 earnings report, promising future growth through AI and cloud.

Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.

The level to watch is 4.335%, the top of the weekly Ichimoku cloud, followed by the 55-week exponential moving average, which is now at 4.265%, UOB added. Oil slid and is under increasing downward ...

Alibaba (BABA) plans to invest at least $52.44B in its cloud computing and artificial intelligence infrastructure over the next three years, ...

Arizona is one of nine states where Apple plans to invest $500B over the next four years, with the company planning to hire ...