Alibaba Group Holding Ltd.'s U.S.-listed stock fell more than 10% on Monday after the online retailer said it plans to spend about $53 billion over the next three years on its cloud computing and ...

The sell-off in Chinese equities, including a 4% decline in Baidu (NASDAQ: BIDU) and a 9% drop in PDD Holdings, was largely ...

Alibaba Cloud Revenue Accelerates. The big spending plans comes as investors are scrutinizing costs related to AI, particularly after China startup DeepSeek launched a powerful AI ...

Alibaba announced plans to invest billions in AI infrastructure. Founder Jack Ma recently met with Chinese President Xi ...

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

Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...

U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese tech giant announced plans to invest more than $52 billion in artificial intelligence and cloud ...

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

Alibaba Group plans to invest more than $52 billion on AI and cloud infrastructure over the next three years, in a bid to seize more opportunities in the artificial-intelligence era.

Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...

Apple appears to be gearing up to bolster its artificial intelligence (AI) prowess by adding Google's Gemini into Apple ...

Alibaba Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...