Alibaba Group Holding Ltd. has announced an ambitious plan to invest over 380 billion yuan ($53 billion) in AI infrastructure over the next three years. Alibaba joins global AI race by investing $53 ...

Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...

Even as sector majors retreated, mid and small-cap IT firms and GCCs have stepped up hiring. This and more in todays ETtech ...

The move is part of new chief executive Brian Niccol's effort to streamline operations. The company plans to create 20,000 jobs and build a factory in Houston to support its generative-AI system.

Alibaba announces a $53 billion AI investment alongside its Q4 earnings report, promising future growth through AI and cloud.

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

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

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Two things ring familiar in Apple's (AAPL) latest announcement. For one, the $500 billion investment commitment matches the pledged amount of the Stargate initiative, through which companies like ...

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

– Sunnmøre, Norway-based Mathias Bjørge has announced two hires key to its growing salmon division expansion: Joakim Braseth ...

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