Alibaba, the fourth largest cloud company in the world, unveils plans to invest $53 billion in AI infrastructure as China’s largest cloud provider seeks to become a more dominant global AI player.

Alibaba reported cloud computing revenue up 34% year-on-year in its fiscal second quarter, beating market expectations. Investors are focused on Alibaba's cloud division which books its revenue ...

Alibaba is no longer content with being just an e-commerce platform. Its most ambitious bet today is on becoming an artificial intelligence (AI)-native enterprise -- and the heart of that shift lies ...

Launched in 2009, Alibaba Cloud grew into China's largest provider, with roughly one-third market share, ahead of Huawei and Tencent Cloud. Recently, however, investors have been frustrated that the ...

Earnings Call Insights: Alibaba Group Holding Limited (BABA) Q3 2026 Wu communicated a five-year external revenue target: "Over the next 5 years, our goal is to surpass USD 100 billion in combined ...

Alibaba will invest RMB 380 billion (US$53bn) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years in a bid to dominate the next wave of technological ...