The selloff marks a sharp reversal after a run-up in Alibaba in recent weeks amid AI optimism in the wake of DeepSeek.
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent ...
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 ...
Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Alibaba's shares opened 10% higher in Hong Kong on Friday to reach their highest level in more than three years, after it ...
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in over a year, beating analyst expectations ...
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...
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US President Donald Trump directed the committee on Foreign Investment in the US to limit Chinese spending on technology and ...
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