Alibaba’s Massive $52B+ Bet on AI and Cloud Infrastructure
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.
Chinese e-commerce firm Alibaba Group Holding on Tuesday unveiled a preview of its next reasoning model QwQ-Max, which could ...
Alibaba's QwQ-Max reasoning model showcased, could rival OpenAI's o1 and DeepSeek's R1. Plans to open-source and invest $53B ...
The QwQ-Max reasoning model is ‘designed to push the boundaries of deep reasoning and versatile problem-solving.’ ...
Global tech giants are eyeing the first-mover advantages in the initial stage of artificial intelligence development, Everbright Securities says Alibaba Group Holding is spearheading China's Big Tech ...
Chinese e-commerce giant Alibaba (BABA) is set to announce its fiscal Q3 FY25 results on February 20. Alibaba stock has ...
Alibaba (BABA) stock is falling 7% after the China-based tech conglomerate disclosed that it would spend at least 380 billion ...
Qwen, released by Alibaba, is the new model making waves because it technically surpasses the likes of DeepSeek and ChatGPT.
Chinese e-commerce giant Alibaba (BABA) is set to announce its fiscal Q3 FY25 results today. Alibaba stock has surged more ...
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