Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure ...
Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...
The need for more AI chips and servers to handle fast-growing usage and support model development drove its decision to ...
Chinese shares closed higher amid positive sentiment over tech stocks and Chinese AI firm DeepSeek. Alibaba's latest earnings ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
DeepSeek has gone viral. Chinese AI lab DeepSeek broke into the mainstream consciousness this week after its chatbot app rose ...
Apple has picked Alibaba over DeepSeek to roll out its AI-powered suite of services for the iPhone in China — a move designed ...
DeepSeek has been at the center of frenzied interest in Chinese AI developers; even so, Apple is reportedly teaming up with ...