Alibaba Group Holding Ltd. has pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data centers over the next three years, a major commitment that underscores the e ...

Wu Yongming, CEO of Alibaba Group, said the investment exceeds the company's total AI and cloud spending of the past decade, ...

ALIBABA said on Monday it plans to invest at least 380 billion yuan (S$70 billion) in its cloud computing and artificial ...

Alibaba said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial ...

Xi also “urged entrepreneurs to focus on high-quality development, invest in their main businesses, strengthen their ...

Alibaba Group, the parent company of AliExpress, plans to accelerate investments in artificial intelligence and cloud computing after reporting a 333 per cent surge in net income to $6.36 bn for the ...

The week was abuzz with news from the tech world, with AI in the spotlight. Bill Gates warned of challenges for future generations, while Nvidia and Alibaba made strides in assistive tech and AI.

When you hear about artificial intelligence (AI) investing, you may think of the software powered by the technology or the ...

The cost of electricity could double or treble in the next few years. But don't blame this on solar and wind , now the ...

Q3 2024 results show solid growth with revenue up 8.1% YoY, and operating profit up 20.3% YoY. Read why I remain bullish on ...

US stocks fell sharply after reports showed that worries among consumers and businesses about President Donald Trump’s ...

Nadella, on the other hand, challenged the idea that certain industries, like AI and cloud computing, are winner-take-all.