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 ...
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Alibaba Group Holding Ltd shares tumbled in US trading on Monday as President Donald Trump’s latest executive order stirred ...
Shares of Alibaba (NYSE: BABA) were taking a dive today after investors balked at the company's big spending plans in cloud ...
Alibaba Cloud invests $53 billion in artificial intelligence to drive AI infrastructure, cloud computing and LLMs as Alibaba ...
Alibaba (BABA) stock is falling 7% after the China-based tech conglomerate disclosed that it would spend at least 380 billion ...
Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...
Alibaba announces a $53 billion AI investment alongside its Q4 earnings report, promising future growth through AI and cloud.
U.S. stock futures are pointing higher after Friday’s selloff, Apple says it will invest $500 billion in the U.S. over the ...