Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Chinese e-commerce giant Alibaba Group has revealed it is investing $53 billion (€50.6bn) into cloud computing and artificial intelligence over the next three years. This would be one of the company ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Alibaba Group has planned to enter into the global AI race by investing more than 380 billion yuan in artificial intelligence ...
Alibaba Group (NYSE:BABA – Free Report) had its target price upped by Benchmark from $118.00 to $190.00 in a research note issued to investors on Friday morning,Benzinga reports. The brokerage ...
Chinese tech company Alibaba ( NYSE: BABA) on Monday unveiled plans to invest at least 380 billion yuan ($52.44 billion) in ...
Alibaba Group Holding Ltd. posted its fastest pace of revenue growth in more than a year, as the Chinese internet pioneer ...
Shareholders of Alibaba Group Holding Limited ( NYSE:BABA ) will be pleased this week, given that the stock price is ...
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
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