Alibaba, co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade.

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 ...

The internet company co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the ...

Alibaba Group Holding Ltd (阿里巴巴) pledged to invest more than 380 billion yuan (US$52.4 billion) in artificial intelligence ...

Alibaba has gained more than $100 billion of market value in 2025, though it’s still far from its pre-crackdown peak.

Alibaba's $53 billion announcement for AI sets a record for the largest investment ever by Chinese private enterprises in the ...

Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...

Alibaba Group Holding Limited (NYSE ... business in the same way Mark Zuckerberg was able to drastically improve Meta’s advertising business while building AI models. At a forward PE of 14 ...

Shares close lower; NRW’s Whyalla update; WiseTech upgraded; Domino’s sinks 7pc; Viva lowers full-year payout, shares drop 26pc; Woodside doubles profit.

Alibaba Group (NYSE: BABA) has announced plans to invest $53 billion (¥380 billion) in artificial intelligence (AI) and cloud ...