Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...

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 ...

Alibaba to invest over $52 billion in AI, cloud infrastructure over next three years. Prosus to acquire Just Eat Takeaway for ...

Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...

Alibaba Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial ...

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 Ltd. (NYSE: BABA) has announced an investment of 380 billion yuan ($53 billion) for its cloud computing ...

Chinese tech giant Alibaba said Monday it would spend more than $50 billion on artificial intelligence and cloud computing ...

The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.

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 has announced a massive investment of $53 billion in artificial intelligence (AI) infrastructure, ...