Alibaba’s Massive $52B+ Bet on AI and Cloud Infrastructure
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.
While cloud computing and AI can provide notable benefits for the financial industry, there are key challenges of this ...
Chinese Tech Giant Alibaba Will Spend More Than $50B on AI and Cloud Computing Over Next Three Years
The company’s AI investment exceeds its decade-long budget, reinforcing its commitment to long-term tech growth.
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
The fast deployment of AI and cloud computing raises concerns about energy consumption and environmental impact.
Microsoft workers protest sale of AI and cloud services to Israeli military - Five Microsoft employees have been ejected from ...
The company held its inaugural auction Tuesday, connecting buyers with a dozen providers, and will host another beginning Mar ...
Chongqing party secretary and Politburo member Yuan Jiajun says the city has ‘major opportunities’ for collaboration with ...
The contract, worth $2.5 billion, is emblematic of how big tech companies are forging alliances to offer a broader menu of AI ...
Chinese companies are ramping up orders for Nvidia's H20 artificial intelligence chip due to booming demand for DeepSeek's ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback