Alibaba’s Massive $52B+ Bet on AI and Cloud Infrastructure
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Alibaba's QwQ-Max-Preview is designed to replicate human-like thinking, decision-making, and problem-solving. The company ...
Alibaba's shares opened 10% higher in Hong Kong on Friday to reach their highest level in more than three years, after it ...
We recently published a list of 10 AI Stocks on Analysts’ Radar As AI Spending Grows. In this article, we are going to take a ...
Hangzhou-based research firm releases two of the five open-source AI infrastructure projects promised this week.
Leading Chinese tech firms such as Tencent, Alibaba, and ByteDance have ramped up their purchases of Nvidia’s H20 AI chip. This processor, specifically designed to comply with U.S. regulations that ...
Chinese tech giant Alibaba has released Wan 2.1, its open-source video foundation model, along with the code and weights. The ...
Chinese companies are ramping up orders for Nvidia's H20 artificial intelligence (AI) chip due to booming demand for DeepSeek's low-cost AI models, six people familiar with the matter said.
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