Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...
The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure ...
Alibaba (BABA) announced a massive investment of $53 billion over the next three years to expand its AI (artificial intelligence) and cloud ...
Chinese tech giant Alibaba Group will invest more than 380 billion yuan (about $53 billion) in building cloud and hardware ...
China’s MSCI Index has surged 26.5% this year, driven by DeepSeek’s AI breakthroughs, while India’s stock market struggles ...