Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.

Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...

Alibaba to invest over $52 billion in AI, cloud infrastructure over next three years. Prosus to acquire Just Eat Takeaway for ...

KEY TAKEAWAYS U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese tech giant ...

Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.

Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...

Apple Inc.'s iPhones will use Alibaba Group Holding Ltd.'s AI technology, the Chinese firm's chairman said, affirming reports ...

Alibaba Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial ...

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

The latest earnings report from Alibaba Group highlights resilience in key segments, led by cloud and international commerce ...

Alibaba Group Holding Ltd. (NYSE: BABA) has announced an investment of 380 billion yuan ($53 billion) for its cloud computing ...

The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.