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Tag

alibaba

2 articles

Technology60d ago

Alibaba Sacrifices Profit for AI Cloud Bet, CapEx Jumps 75%

China's largest cloud provider posted 9% revenue growth to $40 billion as AI infrastructure spending crushed quarterly profit by more than 75%

U.S. Equities192d ago

Alibaba's $290M AI Model Investment: Redefining LLM Boundaries, Driving Tech Re-Rating

Alibaba leads a $290 million investment into a novel AI model, directly challenging current LLM limitations and positioning the tech giant for a significant re-rating in the global AI arms race.