Wan 2.1, which boasts performance that rivals other leading offerings, is among a series of new models developed by Alibaba.
Alibaba Group Holding Ltd. 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-commerce pioneer’s ambitions of becoming a leader in artificial intelligence.
The group said its Alibaba Cloud unit has recorded triple-digit AI-related product revenue growth for six consecutive quarters.
With the stock still inexpensive and a turnaround taking hold, Alibaba remains an attractive investment. The company is becoming a Chinese AI leader, which should help lift its valuation multiple, while flipping its AIDC business to profitability should also be a nice lift to earnings.
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain consumer sentiment and decelerating economic
Alibaba Group Holding’s research arm, Damo Academy, has launched its Reduced Instructions Set Computing V (RISC-V) to boost its AI capabilities.
Asian equities were mixed overnight as Indonesia outperformed, Taiwan underperformed, and South Korea was closed for Independence Day.
We recently compiled a list of the 12 Undervalued Wide Moat Stocks to Buy According to Analysts. In this article, we are going to take a look at where Alibaba Group Holding Limited (NYSE:BABA) stands against the other undervalued wide moat stocks.
U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese tech giant announced plans to invest more than $52 billion in artificial intelligence and cloud infrastructure over the next three years.
"When it comes to Alibaba's AI strategy ... we aim to continue to develop models ... the Alibaba E-commerce Business Group, bringing together the Taobao and Tmall Group and the Alibaba International Digital Commerce Group. In further steps to streamline ...
We recently published an article titled Why These 15 E-Commerce Stocks Are Skyrocketing So Far In 2025. In this article, we are going to take a look at where Alibaba Group Holding Limited (NYSE:BABA)
Apple Inc.'s iPhones will use Alibaba Group Holding Ltd.'s AI technology, the Chinese firm's chairman said, affirming reports the e-commerce pioneer had scored a coveted role in helping power the iPhone in the world's top mobile arena.