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 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 ...

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

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 ...

Investors looking for companies they can invest in to benefit from the growth of AI in China have generally focused on ...

Wall Street became more upbeat on Alibaba Group after the Chinese tech giant posted stellar revenue growth driven by ...

UnitedHealth shares fall after WSJ flags Justice Department investigation. Follow along for live updates on stocks and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...

(Yicai) Feb. 21 -- Shares of Alibaba Group Holding surged after the Chinese tech giant said fiscal third-quarter profit jumped more than three-fold, buoyed by the strong performance of its core ...

ALIBABA on Thursday flagged plans to invest more in its 'core businesses' of e-commerce and artificial Intelligence (AI)-powered cloud computing after reporting third-quarter revenues just above ...

Wall Street was quietly mixed in the early going Friday as markets try to close out a sluggish week of trading on a positive ...