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Alibaba Commits Over $50B to AI and Cloud After Jack Ma's Xi Jinping Meeting
Alibaba announced plans to invest billions in AI infrastructure. Founder Jack Ma recently met with Chinese President Xi ...
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China's Alibaba to invest $50 bn in AI, cloud computing
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...
China's latest action plan shows it's trying to boost foreign investment amid geopolitical tensions
China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses’ calls for more concrete ...
Jack Ma-owned Chinese Alibaba pledges to invest more than USD 52 billion in AI over next three years
Alibaba Group Holding Ltd., co-founded by Chinese entrepreneur Jack Ma, on Monday pledged to invest US$52.4 billion in its cloud computing and artificial intelligence (AI) infrastructure over the next ...
Alibaba is going all in on developing AI that can reason like a human being
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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Nvidia's Chip Demand Faces Scrutiny as DeepSeek Stirs Doubts on AI Spending
Demand for Nvidia's pricey artificial intelligence chips will be in focus when the company reports results on Wednesday as ...
Alibaba is going all in on trying to beat the US at developing AI that can reason like a human being
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...