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Investors are watching two very different companies that both stand at the center of global technology trends. Alibaba, one of China’s largest e-commerce and cloud providers, is accelerating its push into artificial intelligence. Just last…
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 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…
