Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure ...
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 ...
Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations ...
Chinese shares closed higher amid positive sentiment over tech stocks and Chinese AI firm DeepSeek. Alibaba's latest earnings ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
DeepSeek has gone viral. Chinese AI lab DeepSeek broke into the mainstream consciousness this week after its chatbot app rose ...
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