AI, Alibaba Group and cloud computing

Alibaba to invest $52 billion in AI and cloud over three years
The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its core e-commerce business.
Cloud Giant Alibaba Invests $53B In AI Infrastructure As Stock Surges
Alibaba Cloud invests $53 billion in artificial intelligence to drive AI infrastructure, cloud computing and LLMs as Alibaba Group ADR stock increases.
Alibaba’s stock falls on expensive AI-investment pledge
Alibaba Group Holding Ltd.’s U.S.-listed stock fell more than 10% on Monday after the online retailer said it plans to spend about $53 billion over the next three years on its cloud computing and artificial-intelligence infrastructure.
Alibaba to invest more than $52 billion in AI over next 3 years
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Alibaba to Spend More Than $52 Billion in AI, Cloud Over Next Three Years
The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure.
Alibaba Plans to Spend $53 Billion on AI in a Major Pivot
Alibaba Group Holding Ltd. 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-commerce pioneer’s ambitions of becoming a leader in artificial intelligence.
China's Alibaba to invest $50 bn in AI, cloud computing
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 over the next three years,
Alibaba's Time Is Finally Here
For a long time, Alibaba has been seen as undervalued by famous investors such as David Tepper, Michael Burry and many others ...
Alibaba Group Holding Limited (BABA) Unveils QwQ-Max AI Model, Challenging Global AI Leaders
We recently compiled a list of the 10 AI Stocks Gaining Momentum Right Now. In this article, we are going to take a look at ...
Alibaba Shares Jump on AI Gains as Momentum Continues. Is It Too Late to Buy the Stock?
Alibaba (NYSE: BABA) shares got a nice boost following the Chinese company's fiscal third-quarter results, which showed a ...
Alibaba Cofounder Reaps Gains From Backing NBA Team
Being an avid basketball fan seems to have paid off for Alibaba cofounder and chairman Joseph Tsai, contributing to a $2.3 ...
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Alibaba Launches New Qwen Reasoning Model; To Release iOS and Android App for Qwen Chat
The QwQ-Max reasoning model is ‘designed to push the boundaries of deep reasoning and versatile problem-solving.’ ...
Alibaba Doubles Down On AI, Launches QwQ-Max to Challenge OpenAI and DeepSeek
Alibaba's QwQ-Max reasoning model showcased, could rival OpenAI's o1 and DeepSeek's R1. Plans to open-source and invest $53B ...
eWeek3d
Alibaba’s Massive $52B+ Bet on AI and Cloud Infrastructure
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent ...
Alibaba (BABA) Is About to Report Earnings This Week. Here Is What to Expect
Chinese e-commerce giant Alibaba (BABA) is set to announce its fiscal Q3 FY25 results on February 20. Alibaba stock has ...
Alibaba: Beating Earnings And Firing On All Cylinders
Alibaba Group Holding's December quarter earnings surpassed expectations, with strong cloud growth and rising EBITA. Click to ...
Alibaba previews new AI reasoning model to challenge DeepSeek R1, OpenAI o1
Chinese e-commerce firm Alibaba Group Holding on Tuesday unveiled a preview of its next reasoning model QwQ-Max, which could rival industry-leading competitors including OpenAI's o1 and DeepSeek's R1, ...
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China's e-commerce giant ramps up AI investment to innovate business landscape
BEIJING - The Qwen foundation model, developed by China's Alibaba Group, has spawned over 100,000 derived models, claiming ...