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.
With the stock still inexpensive and a turnaround taking hold, Alibaba remains an attractive investment. The company is ...
Alibaba's stock soars 38.6% as AI, cloud, and e-commerce drive growth. Click here to find out why I rate BABA stock a Hold.
The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its ...
Chinese e-commerce giant Alibaba highlighted its AI ambitions as it reported strong results for its third quarter, fueling ...
Alibaba's QwQ-Max reasoning model showcased, could rival OpenAI's o1 and DeepSeek's R1. Plans to open-source and invest $53B ...
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 ...
Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.
The QwQ-Max reasoning model is ‘designed to push the boundaries of deep reasoning and versatile problem-solving.’ ...
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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