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 on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the next three years. The Chinese e-commerce giant had said it had plans to invest in the sector while announcing its results on Friday,
Jack Ma-owned Chinese Alibaba pledges to invest more than USD 52 billion in AI over next three years
Alibaba Group Holding Ltd., co-founded by Chinese entrepreneur Jack Ma, on Monday pledged to invest US$52.4 billion in its cloud computing and artificial intelligence (AI) infrastructure over the next three years.
Chinese tech giant Alibaba announces enormous investment in AI
Chinese tech giant Alibaba announced on Monday that it will invest $50 billion into artificial intelligence and cloud technology over the next three years.
Tencent Fires Up AI Race With Model It Says Outdoes DeepSeek
Tencent Holdings Ltd. became the latest tech company to unveil or enhance an AI model intended to eclipse DeepSeek, joining a ...
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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 ...
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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 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 ...
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, ...
Alibaba (BABA) Opens Wan 2.1 AI Model to the Public
Alibaba (BABA) has opened its Wan 2.1 AI model, which generates images and videos, to the public. The Wan 2.1 series was launched earlier this ...
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Alibaba Cloud releases AI video gen models as open source
First releasing its Qwen 7B open source AI model in 2023, Alibaba’s models have consistently topped the HuggingFace Open LLM ...
Alibaba’s $120 Billion Rally May Have Room To Grow On AI Optimism
Chinese e-commerce giant Alibaba highlighted its AI ambitions as it reported strong results for its third quarter, fueling ...
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HONOR, Alibaba Forge Partnership in AI Field
Huawei's HONOR announced that it has inked a partnership with BABA-W (09988.HK) (BABA.US) in the AI field to provide services ...
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Alibaba commits to spending $53 billion on AI
The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.