Alibaba’s Massive $52B+ Bet on AI and Cloud Infrastructure
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.
BEIJING - The Qwen foundation model, developed by China's Alibaba Group, has spawned over 100,000 derived models, claiming ...
The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its ...
Alibaba's QwQ-Max reasoning model showcased, could rival OpenAI's o1 and DeepSeek's R1. Plans to open-source and invest $53B ...
First releasing its Qwen 7B open source AI model in 2023, Alibaba’s models have consistently topped the HuggingFace Open LLM ...
Alibaba (BABA) has opened its Wan 2.1 AI model, which generates images and videos, to the public. The Wan 2.1 series was launched earlier this ...
Chinese e-commerce firm Alibaba Group Holding on Tuesday unveiled a preview of its next reasoning model QwQ-Max, which could rival industry-leading competitors including OpenAI's o1 and DeepSeek's R1, ...
Chinese e-commerce giant Alibaba highlighted its AI ambitions as it reported strong results for its third quarter, fueling ...
Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.
Huawei's HONOR announced that it has inked a partnership with BABA-W (09988.HK) (BABA.US) in the AI field to provide services ...
Chinese tech giant Alibaba (BABA) has been receiving several positive analyst reviews after reporting solid results for the December quarter, ...
Alibaba Group Holding CEO Eddie Wu Yongming met Chongqing party secretary and Politburo member Yuan Jiajun on Tuesday to ...
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