Alibaba to invest $52 billion in AI and cloud

Alibaba to invest $53 billion in AI and cloud infra
The group said its Alibaba Cloud unit has recorded triple-digit AI-related product revenue growth for six consecutive quarters.
Alibaba to invest $52 billion in AI and cloud over three years
The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its core e-commerce business.
Alibaba’s stock falls on expensive AI-investment pledge
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 artificial-intelligence infrastructure.
Alibaba to invest more than $52 billion in AI over next 3 years
Alibaba said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the next three years. The Chinese e-commerce giant had said it had plans to invest in the sector while announcing its results on Friday,
Jack Ma-owned Chinese Alibaba pledges to invest more than USD 52 billion in AI over next three years
Alibaba Group Holding Ltd., co-founded by Chinese entrepreneur Jack Ma, on Monday pledged to invest US$52.4 billion in its cloud computing and artificial intelligence (AI) infrastructure over the next three years.
Chinese tech giant Alibaba announces enormous investment in AI
Chinese tech giant Alibaba announced on Monday that it will invest $50 billion into artificial intelligence and cloud technology over the next three years.
Alibaba Shares Jump on AI Gains as Momentum Continues. Is It Too Late to Buy the Stock?
With the stock still inexpensive and a turnaround taking hold, Alibaba remains an attractive investment. The company is ...
Alibaba's Turnaround Is Finally Here
Alibaba's stock soars 38.6% as AI, cloud, and e-commerce drive growth. Click here to find out why I rate BABA stock a Hold.
Tencent Fires Up AI Race With Model It Says Outdoes DeepSeek
Tencent Holdings Ltd. became the latest tech company to unveil or enhance an AI model intended to eclipse DeepSeek, joining a ...
eWeek4d
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 ...
Alibaba’s $120 Billion Rally May Have Room To Grow On AI Optimism
Chinese e-commerce giant Alibaba highlighted its AI ambitions as it reported strong results for its third quarter, fueling ...
Alibaba Doubles Down On AI, Launches QwQ-Max to Challenge OpenAI and DeepSeek
Alibaba's QwQ-Max reasoning model showcased, could rival OpenAI's o1 and DeepSeek's R1. Plans to open-source and invest $53B ...
Alibaba previews new AI reasoning model to challenge DeepSeek R1, OpenAI o1
Chinese e-commerce firm Alibaba Group Holding on Tuesday unveiled a preview of its next reasoning model QwQ-Max, which could rival industry-leading competitors including OpenAI's o1 and DeepSeek's R1, ...
eWeek7d
Alibaba Commits to AGI, Making AI “The World’s Largest Industry”
Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.
Analytics India Magazine3d
Alibaba Launches New Qwen Reasoning Model; To Release iOS and Android App for Qwen Chat
The QwQ-Max reasoning model is ‘designed to push the boundaries of deep reasoning and versatile problem-solving.’ ...
Alibaba (BABA) Opens Wan 2.1 AI Model to the Public
Alibaba (BABA) has opened its Wan 2.1 AI model, which generates images and videos, to the public. The Wan 2.1 series was launched earlier this ...
阿思達克財經網19h
HONOR, Alibaba Forge Partnership in AI Field
Huawei's HONOR announced that it has inked a partnership with BABA-W (09988.HK) (BABA.US) in the AI field to provide services ...