Alibaba posted a 239% year-over-year jump in net profit in the final quarter of 2024, and Amazon’s quarterly revenue surpassed Walmart’s for the first time.
Chinese tech titan Alibaba posted a startling 239% year-over-year jump in net profit in the final quarter of 2024. CEO Eddie Wu attributed that shiny result to growth in the company's cloud business ...
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent ...
The amount would be more than it has spent on its AI and cloud computing network over the past decade. Read more at ...
Alibaba Cloud invests $53 billion in artificial intelligence to drive AI infrastructure, cloud computing and LLMs as Alibaba ...
Alibaba’s Cloud Intelligence Group is the key long-term growth driver, fueled by AI demand and rapid expansion. See why I ...
The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its ...
Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.
Alibaba developed QwQ-32B through two training sessions. The first session focused on teaching the model math and coding ...
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Baron Funds, an investment management company, released its “Baron Emerging Markets Fund” fourth quarter 2024 investor letter ...