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Alibaba’s Silence is Broken: A $50 Billion Bet Ignites a Stock Frenzy and a New AI Cold War The quiet giant has woken up. After years of simmering under the surface, Alibaba has just get…
Alibaba shares rose sharply after the company announced plans to raise its artificial intelligence investment beyond 380 billion yuan, or about 53 billion US dollars. The stock climbed nearly 9 percent, marking its strongest rally…
Alibaba has cemented the next phase of its global agenda with the simultaneous announcement of a multi-country data-centre rollout and the introduction of the corporation’s most advanced artificial-intelligence model to date. By situating the model…
Alibaba stock rose after the Chinese e-commerce conglomerate posted a quarterly profit ahead of expectations but revenue missed forecasts amid a fierce price war in China. The company is also strategizing to replace the AI…
