Alibaba to invest over $52 billion in AI, cloud infrastructure over next three years. Prosus to acquire Just Eat Takeaway for ...
KEY TAKEAWAYS U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese tech giant ...
Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Alibaba Group Holdings Ltd.’s U.S.-listed stock fell 2.7% in premarket trading on Monday after the online retailer said it plans to spend about $53 billion over the next three years on its cloud ...
Alibaba Group Holding Ltd. (NYSE: BABA) has announced an investment of 380 billion yuan ($53 billion) for its 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.
Alibaba, co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade.
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, ...
Alibaba Group has planned to enter into the global AI race by investing more than 380 billion yuan in artificial intelligence ...
Alibaba Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...