Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate
Alibaba’s cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in the last quarter. AI-related product revenue has surged for six consecutive ...
China Market Update: Alibaba Goes Ballistic, Finance Minister Talks Consumption, Week In Review
Asian equities ended a positive week on a high note, led by Hong Kong and Mainland China-listed growth stocks following ...
China tech firms like Alibaba and Lenovo are rallying on DeepSeek hype and AI’s ‘once every several decades’ opportunity
The DeepSeek revolution is rippling through China’s tech sector, as hundreds of companies adopt the buzzy AI model in their ...
China’s Alibaba sees revenue surge on back of artificial intelligence, e-commerce
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations ...
China Market Update: Alibaba’s AI Bonanza, Trump China Comments And Premier Li On Raising Domestic Consumption
Asian equities were a sea of red despite a weak dollar overnight, as only the Shenzhen Composite, Pakistan, and Vietnam were ...
China Stocks Close Higher Amid DeepSeek AI and Alibaba Hope
Chinese shares closed higher amid positive sentiment over tech stocks and Chinese AI firm DeepSeek. Alibaba's latest earnings ...
In from the cold? Alibaba co-founder Jack Ma spotted among top tech bosses who met China’s Xi
Chinese leader Xi Jinping hosted Alibaba co-founder Jack Ma and the country’s top tech executives in Beijing on Monday, in a ...
Not just Alibaba’s Jack Ma: Who’s who at the summit seen as a ‘symbolic’ end to China’s crackdown on tech
Huawei’s Ren Zhengfei, BYD’s Wang Chuanfu, and Xiaomi’s Lei Jun were among the leading tech executives who met with Xi ...
Apple is reportedly partnering with Alibaba in China for AI features, and it makes sense after DeepSeek
DeepSeek has been at the center of frenzied interest in Chinese AI developers; even so, Apple is reportedly teaming up with ...
Alibaba shares soar nearly 15% after stellar earnings as China's e-commerce sector recovers
Alibaba has been making 'significant strides' in advancing its AI cloud business after launching its Qwen 2.5-Max flagship AI ...