Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen at a rare ...

February 24 marks the third anniversary of Russia’s all-out assault on Ukraine. The Kremlin failed in its attempt to achieve ...

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.

E-commerce giant Alibaba is back in the spotlight with founder Jack Ma’s attendance at Chinese President Xi Jinping’s big tech billionaire bash. The company’s big bet on AI also seems to be paying off ...

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 ...

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

Apple hopes the new device will allow it to become more competitive in China after the iPhone lost its spot as China’s ...

ALIBABA said on Monday it plans to invest at least 380 billion yuan (S$70 billion) in its cloud computing and artificial ...

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

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

Estimated downtime cost individual firms up to US$2M; traditional "air gapping" no longer sufficient SINGAPORE, Feb. 24, 2025 /PRNewswire/ -- A global study by Omdia has found that 80% ...