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.
We recently compiled a list of the 20 High Growth Mega Cap Stocks You Can Buy And Hold For Next 5 Years. In this article, we ...
Shares of Alibaba ( BABA -9.10%) were taking a dive today after investors balked at the company's big spending plans in cloud ...
Alibaba's Q3/25 results were strong, with significant revenue and EPS growth. Click here to read why BABA stock remains a ...
Fintel reports that on February 24, 2025, Morgan Stanley upgraded their outlook for Alibaba Group Holding Limited - ...
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.
The e-commerce company posted a better-than-expected 7.6% rise in revenue as it worked to put growth back on track amid ...
Shareholders of Alibaba Group Holding Limited ( NYSE:BABA ) will be pleased this week, given that the stock price is ...
Alibaba will release an open-source version of its video and image-generating artificial intelligence model, Wan 2.1, the ...
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