BEIJING: Chinese tech giant Alibaba said on Monday (Feb 24) it will spend more than US$50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder ...

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

This investment comes even as Alibaba has been facing regulatory challenges in China since 2020. Following years of ...

China has strongly condemned Washington's actions, accusing the US of politicising and weaponising economic and trade ...

Chinese stocks, led by a tech rally, have been on a tear since the release of DeepSeek’s R1 model that challenged the ...

Increasingly, investors recognise that China had become unreasonably cheap. Despite strong gains last year, it went into 2025 as one of the world’s cheapest major markets, with stocks trading at half ...

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

The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.

Vehicles subject to the rule will start launching next year, and many companies have work to do to ensure they meet the ...

Alibaba said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial ...

China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses’ calls for more concrete actions.