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

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 investment, which exceeds Alibaba’s total AI and cloud spending over the past decade, underscores the company’s focus on AI-driven growth and its role as a leading global cloud provider,' accordin ...

Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.

Apple today announced its largest-ever spend commitment, with plans to spend and invest more than $500 billion in the U.S.

That’s the humungous size of the investment Apple has pledged to make in the United States over the next four years. The ...

Alibaba Cloud invests $53 billion in artificial intelligence to drive AI infrastructure, cloud computing and LLMs as Alibaba ...