The selloff marks a sharp reversal after a run-up in Alibaba in recent weeks amid AI optimism in the wake of DeepSeek.

Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.

Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...

Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...

Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...

Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...

Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.

Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations ...

Shares of Alibaba (NYSE: BABA) were taking a dive today after investors balked at the company's big spending plans in cloud ...

The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.

The US tech behemoth signals a strategic pivot with cancelled data center contracts while the Chinese tech giant's shares ...

Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...