Alibaba announced on Monday that it will invest more than 380 billion yuan (about 53 billion U.S. dollars) in building cloud and AI hardware infrastructure in the next three years.

E-commerce giant Alibaba is back in the spotlight with founder Jack Ma’s attendance at Chinese President Xi Jinping’s big tech billionaire bash. The company’s big bet on AI also seems to be paying off ...

Asian markets mostly fell Monday (Feb 24) following a dour end to last week for Wall Street, where a disappointing round of ...

Alibaba Group Holding Ltd. has pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data centers over the next three years, a major commitment that underscores the e ...

Wu Yongming, CEO of Alibaba Group, said the investment exceeds the company's total AI and cloud spending of the past decade, ...

ALIBABA said on Monday it plans to invest at least 380 billion yuan (S$70 billion) in its cloud computing and artificial ...

Alibaba said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial ...

Owing to the popularity of iOS, Apple Pay has become a top payment gateway in Canada and globally. The app facilitates easy and secure purchases, in stores, apps and on the web. Not to forget how easy ...