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Alibaba Group (BABA) appears to be showing signs of a major long-term turnaround in 2025, supported by a rebound in earnings, strong growth in AI and cloud services, and bullish technical signals.
China's online retailer Alibaba posted better-than-expected quarterly earnings of $2.15, a share, but revenue came in short. Barron's AI Demand Is Riding to the Rescue.
Alibaba Group Holding BABA co-founder and Chair Joe Tsai opted to open-source its Qwen models, citing their potential to drive demand for artificial intelligence (AI) applications and cloud computing.
The spending of at least 380 billion yuan, equivalent to $52.41 billion, will surpass the company’s AI and cloud computing investment over the past decade, Alibaba said in a post Monday on its ...
Alibaba Group has announced a massive investment of 380 billion yuan ($52.44 billion) into generative AI and cloud computing infrastructure over the next three years.
What are the biggest cloud providers in Asia doing to meet the rising demand for AI inference? Omdia’s latest research offers ...
Robert Way. Chinese tech company Alibaba (NYSE:BABA) on Monday unveiled plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure ...
We increased Alibaba’s 10-year adjusted EBITA CAGR forecast to 9% from 5% due to faster-than-expected turnaround of loss-making businesses, an increasing contribution from higher-margin AI ...
The serverless computing market is anticipated to expand from USD 21.9 billion in 2024 to USD 44.7 billion in 2029 at a ...
Alibaba Cloud has reinforced its presence in Thailand, launching a second data centre to meet the country’s growing demand for cloud services. The new facility joins Alibaba Cloud’s first Thai data ...
Alibaba is planning to invest 380 billion yuan ($52 billion) in artificial intelligence and cloud computing over the next three years, its biggest commitment yet to AI-driven infrastructure.. That ...
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