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.
Five Microsoft employees were ejected from a meeting with the company's chief executive for protesting contracts to provide ...
While cloud computing and AI can provide notable benefits for the financial industry, there are key challenges of this ...
Chinese Tech Giant Alibaba Will Spend More Than $50B on AI and Cloud Computing Over Next Three Years
The company’s AI investment exceeds its decade-long budget, reinforcing its commitment to long-term tech growth.
The company held its inaugural auction Tuesday, connecting buyers with a dozen providers, and will host another beginning Mar ...
The fast deployment of AI and cloud computing raises concerns about energy consumption and environmental impact.
Workload isolation technology startup Edera Inc. announced today that it has raised $15 million in new funding to expand its ...
Alphabet kickstarted the quantum computing investment trend in late 2024. Google Cloud is a massive beneficiary of artificial ...
Chinese companies are ramping up orders for Nvidia's H20 artificial intelligence chip due to booming demand for DeepSeek's ...
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