Alibaba will invest RMB 380 billion (US$53bn) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years in a bid to dominate the next wave of technological ...

With the launch on Wednesday, Alibaba Cloud said it now had a global infrastructure network of 87 availability zones across 29 regions, strengthening its global cloud services business.

The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its core e-commerce business. Alibaba is planning to invest 380 billion yuan ...

Alibaba (BABA) announced a massive investment of $53 billion over the next three years to expand its AI (artificial intelligence) and cloud computing capabilities. This investment, which surpassed ...

Alibaba Group Holding will open source four Sora-style video-generation models, in the latest effort by the Chinese tech giant to promote its artificial intelligence (AI) technologies to developers.

Alibaba Cloud, the cloud computing arm of Chinese tech giant Alibaba Group, announced the launch of its first data center in Mexico on Wednesday, as the company aims to expand its reach in the ...

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 over the ...

Alibaba Group Holding will invest at least 380 billion yuan (US$52.4 billion) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years, in China's largest ...

Beijing, China — Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack ...

Alibaba on Wednesday also announced that its cloud computing unit, Alibaba Cloud, has launched its first cloud region in Mexico, as the company aims to further its reach in the global cloud market.

Alibaba, the fourth largest cloud company in the world, unveils plans to invest $53 billion in AI infrastructure as China’s largest cloud provider seeks to become a more dominant global AI player.