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.
The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its ...
Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...
China's Baidu will launch the next generation of its artificial intelligence model Ernie in mid-March, which will see ...
Alibaba's QwQ-Max reasoning model showcased, could rival OpenAI's o1 and DeepSeek's R1. Plans to open-source and invest $53B ...
Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...
The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.
Alibaba's Q3 FY 2025 earnings exceeded expectations, with net income of 48.945 billion yuan and operating income margins ...