Alibaba to invest more than $52 billion in AI over next 3 years
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Alibaba to release open-source version of video-generating AI model
Alibaba will release an open-source version of its video and image-generating AI model, Wan 2.1, the Chinese tech giant said in a post on X on Tuesday.
Alibaba shares open at three year-high as quarterly revenue rebounds
Alibaba's shares opened 10% higher in Hong Kong on Friday to reach their highest level in more than three years, after it ...
Billionaire investor Ryan Cohen boosts stake in Alibaba to $1 billion, WSJ reports
Billionaire investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba Group to roughly $1 ...
Alibaba to partner with Apple on AI features, sending shares to 3-year high
Alibaba will partner with Apple to support iPhones' AI services offering in China, its chairman said on Thursday, a move ...
DeepSeek's outside funding draws interest from Alibaba, Chinese state funds, The Information reports
Chinese AI startup DeepSeek is considering outside funding for the first time and has drawn interest from Alibaba and state ...
Apple plans $500 billion in US investment, 20,000 research jobs in next four years
The $500 billion in U.S. investments in the next four years will include a giant factory in Texas for artificial intelligence ...
Anthropic launches advanced AI hybrid reasoning model
Anthropic on Monday launched an advanced AI model that can produce faster responses or display its step-by-step reasoning ...
Apple teams up with Alibaba to bring AI features for iPhones in China, The Information reports
Apple is partnering with Alibaba to roll out artificial intelligence features for iPhone users in China, the Information ...