Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent ...
Alibaba to invest over $52 billion in AI, cloud infrastructure over next three years. Prosus to acquire Just Eat Takeaway for ...
Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...
The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure ...
The introduction of QwQ-Max-Preview comes as Alibaba pledges to invest US$53 billion on cloud and AI infrastructure in the ...
"DeepSeek complements, rather than competes against, existing AI leaders like OpenAI, Anthropic, and Google DeepMind," the ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Chinese tech giants Tencent, Alibaba, and ByteDance have ramped up orders for Nvidia's H20 AI chips, driven by the rising ...
Alibaba Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial ...
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