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 year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.
Alibaba releases free AI video model Wan2.1, boosting competition with OpenAI as China pushes open-source tech to drive ...
Alibaba rallied on Jack Ma’s return, AI buzz, and earnings, but it’s still below its 2020 peak. Read why I think BABA stock ...
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations ...
Shares of Alibaba ( BABA -9.10%) were taking a dive today after investors balked at the company's big spending plans in cloud ...
Alibaba Group Holding Limited (NYSE:BABA) is an internet giant that offers e-commerce services in China and internationally.
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Alibaba Group Holding will open source four Sora-style video-generation models, in the latest effort by the Chinese tech giant to promote its artificial intelligence (AI) technologies to developers.
Alibaba Group Holding Limited ... to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce ...
Alibaba Group (NYSE:BABA – Get Free Report) was upgraded by equities researchers at Morgan Stanley from an “equal weight” ...
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