Alibaba announced on Monday that it will invest more than 380 billion yuan (about 53 billion U.S. dollars) in building cloud and AI hardware infrastructure in the next three years.

Alibaba Group Holding Ltd. has 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 ...

Asian markets mostly fell Monday following a dour end to last week for Wall Street, where a disappointing round of data added ...

Wu Yongming, CEO of Alibaba Group, said the investment exceeds the company's total AI and cloud spending of the past decade, ...

Owing to the popularity of iOS, Apple Pay has become a top payment gateway in Canada and globally. The app facilitates easy and secure purchases, in stores, apps and on the web. Not to forget how easy ...

China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses’ calls for more concrete ...

Strong demand for advanced AI chips, particularly from hyperscalers, could change if customers start turning to ...

Alibaba said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial ...

The stock market has had a great run the past few years. The S&P 500 index is sitting close to new highs, but some stocks ...

Alibaba Group Holding Limited (NYSE:BABA – Get Free Report)’s stock price shot up 5.9% during mid-day trading on Friday after Benchmark raised their price target on the stock from $118.00 to $190.00.

North.io is a company leveraging AI to create systems that protect undersea technology and infrastructure. The company’s ultimate goal is to ensure transparency in the sea by monitoring thousands of ...

Alibaba's strong Q4 beat shows growth in e-commerce and cloud. Learn why BABA stock faces risks despite AI-driven rally and ...