The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project Alibaba Group Holding will invest at least 380 billion yuan (US$52.4 billion) in its ...

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

The investment, which exceeds Alibaba’s total AI and cloud spending over the past decade, underscores the company’s focus on AI-driven growth and its role as a leading global cloud provider,' accordin ...

Alibaba (BABA) stock is falling 7% after the China-based tech conglomerate disclosed that it would spend at least 380 billion ...

Alibaba Group Holding Ltd. has announced an ambitious plan to invest over 380 billion yuan ($53 billion) in AI infrastructure over the next three years. Alibaba joins global AI race by investing $53 ...

In currency markets, the dollar’s sluggish moves after three weeks of losses helped to steady emerging-market exchange rates. The South Korean won and Thai baht outperformed as 18 of the 31 most ...

Alibaba Group Holding Ltd.'s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend about $53 billion over the next three years on its cloud computing and ...

Alibaba announces a $53 billion AI investment alongside its Q4 earnings report, promising future growth through AI and cloud.

Chinese tech giant Alibaba announced on Monday that it will invest $50 billion into artificial intelligence and cloud ...

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

Arizona is one of nine states where Apple plans to invest $500B over the next four years, with the company planning to hire ...

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 ...