OpenAI’s ChatGPT started a revolution in artificial intelligence development and investment. Yet nine-tenths of the ...

Wang Jian, the founder of Alibaba's powerful cloud computing unit, gave an extended interview to Bloomberg that was posted on ...

For investors, this pivot could mark a turning point. While the headlines still focus on sluggish consumer sentiment and slow e-commerce growth, its AI strategy may be the most important long-term ...

Investing.com -- The future of artificial intelligence lies not just in algorithms but in imagination, according to Wang Jian, founder of Alibaba (NYSE: BABA) Cloud. In a recent Bloomberg interview, ...

On the other hand, Alibaba benefits from a diversified business model that includes e-commerce, logistics, and cloud computing, giving it multiple revenue streams that can support AI investment ...

Alibaba Group has announced a massive investment of 380 billion yuan ($52.44 billion) into generative AI and cloud computing infrastructure over the next three years.

Standard Chartered has signed an AI and cloud deal with Albibaba Group. This content has been selected, created and edited by ...

Alibaba announces $56 billion AI, cloud investmentWhich stock should you buy in your very next trade? AI computing powers are changing the stock market. Investing.com's ProPicks AI includes 6 ...

Alibaba's cloud revenue grew by 11% in its most recent fiscal quarter. Its AI-related product revenue increased by triple digits for the sixth quarter in a row, the company said in a blog entry.

The cloud business generated $2.7 billion in revenue during the first quarter, making up 9% of Alibaba’s total revenues. (My colleague Alex has a financial deep dive into the cloud spinout.

Alibaba invests $600M in Chinese AI startup MiniMax, valuing it at $2.5B. This adds to their previous $1B investment in Moonshot AI and reflects their focus on growth and AI innovation.

On the other hand, Alibaba benefits from a diversified business model that includes e-commerce, logistics, and cloud computing, giving it multiple revenue streams that can support AI investment ...