S&P Global Ratings (S&P) commented on BABA-W (09988.HK) (BABA.US) announcement to invest at least RMB380 billion in cloud ...

Move covers four models of the Wan2.1 series, the latest version of Alibaba Cloud’s video foundational model Tongyi Wanxiang.

The investment, demonstrating Alibaba’s commitment to AI, will be in China’s largest-ever computing project financed by a ...

For a long time, Alibaba has been seen as undervalued by famous investors such as David Tepper, Michael Burry and many others ...

A renowned professor at Hong Kong Polytechnic University (PolyU), and a former artificial intelligence (AI) scientist at ...

Alibaba Group announced on Monday that it will invest more than 380 billion yuan (about $53 billion) in building cloud and AI ...

The new initiatives emphasize Alibaba Cloud’s commitment to supporting AI innovation at a larger scale. The company has long been a significant force in the cloud computing space, but with this latest ...

Alibaba’s stock fell 7% after it announced a massive $52.44 billion investment in AI and cloud infrastructure over the next ...

Alibaba Group announced plans to invest 380 billion yuan ($52 billion) in artificial intelligence (AI) and cloud ...

Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent ...

Shares of Alibaba ( BABA -9.10%) were taking a dive today after investors balked at the company's big spending plans in cloud ...