China’s Alibaba sees revenue surge on back of AI, e-commerce
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China’s Alibaba sees revenue surge on back of artificial intelligence, e-commerce
Alibaba shares soar nearly 15% after stellar earnings as China's e-commerce sector recovers
Alibaba has been making 'significant strides' in advancing its AI cloud business after launching its Qwen 2.5-Max flagship AI foundation model, Barclays wrote in a note.
China's Alibaba sees revenue surge on back of e-commerce and AI
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in more than a year, beating analyst expectations as it capitalises on the artificial intelligence boom in China. View o
Apple is partnering with Alibaba Group to introduce artificial intelligence features in China, strengthening its position in a crucial market where it has struggled to establish a strong AI presence.
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in more than a year, beating analyst expectations as it capitalizes on the artificial intelligence boom in China. Alibaba said Thursday that its revenue for the quarter ended December grew 8% to 280.
Apple and Alibaba are set to partner and bring AI to iPhones in China at a time when its smartphone sales in the country are sliding.
Shares of Alibaba Group listed in the U.S. extended their rally into Wednesday after reports that the Chinese tech and e-commerce giant is partnering with Apple to create artificial intelligence features for Apple products in China.
Is Alibaba (BABA) finally prepared to capitalize on AI’s momentum worldwide? The company’s shares have rallied strongly since January 10, as
Apple is partnering with Alibaba to develop and roll out AI features for iPhone users in China, The Information reported on Tuesday, citing one person with direct knowledge of the decision.
Alibaba (NYSE: BABA) has announced a massive investment of at least 380 billion yuan ($52.44 billion) over the next three years to strengthen its cloud computing and artificial intelligence (AI) infrastructure.
Powered by AI, Alibaba delivered a double beat for Q3 earlier this morning triggering a double-digit bounce in its stock. Learn more about BABA stock here.
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