Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce.
China's Alibaba has reported accelerating AI and cloud revenue growth driven by the AI boom, which has jumped 38% in the ...
China’s two largest tech companies are spending substantially in AI infrastructure, anticipating that domestically produced ...
However, the earnings also revealed a growing problem. Investors are finding it increasingly difficult to determine how ...
Alibaba Group’s domestic commerce engine lost most of its profit last fiscal year, with the Taobao and Tmall Group’s adjusted ...
Alibaba and China Telecom launched a data center in China designed for AI training and inferencing.
(Reuters) -China's Alibaba has developed a new chip that is more versatile than its older chips and is meant to serve a broader range of AI inference tasks, the Wall Street Journal reported on Friday, ...
May 13 (Reuters) - China's Alibaba said on Wednesday that fourth-quarter revenue climbed 3%, helped by robust growth for its cloud computing and AI divisions, while its e-commerce unit also benefited ...
Move underscores strategy by China’s technology firms to revamp their flagship e-commerce platforms via an accelerating AI ...
China’s twin technology leaders outlined steady progress in AI spheres from agents to cloud services, winning investors over ...
HONG KONG (AP) — China’s technology giant Alibaba Group pledged on Thursday a goal of surpassing $100 billion in revenue from its artificial intelligence and cloud businesses over the next five years, ...
China’s dazzling skylines are worryingly lifeless. Since a property bubble burst in 2021, sales, prices and investment in ...