Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Strong demand for advanced AI chips, particularly from hyperscalers, could change if customers start turning to ...
The AI race is heating up like never before, with companies across the globe fighting to stay on top. Right now, it's mainly ...
Alibaba Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...
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Tuko on MSNChina's Alibaba to invest $50 bn in AI, cloud computingChinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...
China’s MSCI Index has surged 26.5% this year, driven by DeepSeek’s AI breakthroughs, while India’s stock market struggles ...
Chinese stocks, led by a tech rally, have been on a tear since the release of DeepSeek’s R1 model that challenged the ...
Alibaba announces historic $380B yuan investment in AI and cloud computing infrastructure over next 3 years, marking largest ...
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