Chinese tech giant Alibaba announced on Monday its plan to invest over $52.4 billion in artificial intelligence (AI) ...

Microsoft’s lease cancellations were detailed on Friday in a note from TD Cowen analysts. According to Bloomberg, the investment bank believes that Microsoft has voided contracts for data centers with ...

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

Emerging-market stocks plunged Monday, falling the most in over three weeks, as US President Donald Trump’s latest executive ...

JD.com shares are trading lower by 7% to $39.49 during Monday's session, retreating following recent gains. The stock has ...

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

BEIJING: Chinese tech giant Alibaba said on Monday (Feb 24) it will spend more than US$50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder ...

The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.

The US tech behemoth signals a strategic pivot with cancelled data center contracts while the Chinese tech giant's shares ...

Alibaba Group Holding Ltd shares tumbled in US trading on Monday as President Donald Trump’s latest executive order stirred ...

The sell-off in Chinese equities, including a 4% decline in Baidu (NASDAQ: BIDU) and a 9% drop in PDD Holdings, was largely ...