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, ...
Owing to the popularity of iOS, Apple Pay has become a top payment gateway in Canada and globally. The app facilitates easy and secure purchases, in stores, apps and on the web. Not to forget how easy ...
China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses’ calls for more concrete ...
Strong demand for advanced AI chips, particularly from hyperscalers, could change if customers start turning to ...
Alibaba said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial ...
Alibaba Group, the parent company of AliExpress, plans to accelerate investments in artificial intelligence and cloud computing after reporting a 333 per cent surge in net income to $6.36 bn for the ...
The disruptive success of DeepSeek has highlighted the growing number of smaller Chinese AI firms reshaping the AI race.
The stock market has had a great run the past few years. The S&P 500 index is sitting close to new highs, but some stocks ...
Alibaba Group Holding Limited (NYSE:BABA – Get Free Report)’s stock price shot up 5.9% during mid-day trading on Friday after Benchmark raised their price target on the stock from $118.00 to $190.00.
North.io is a company leveraging AI to create systems that protect undersea technology and infrastructure. The company’s ultimate goal is to ensure transparency in the sea by monitoring thousands of ...
Wall Street eased from record highs after Walmart forecasted slower sales, and saw its stock drop. The outlook raised ...