BEIJING: Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud ...

Alibaba Group Holding Ltd.’s U.S.-listed stock fell 2.7% in premarket trading on Monday after the online retailer said it plans to spend about $53 billion over the next three years on its cloud ...

Apple made a similar announcement about its US spending plans during the first Trump administration, at that time saying it ...