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Alibaba commits $53 billion on AI infrastructure to drive innovation | News.az

Alibaba Group Holdings Ltd. signage is displayed outside the company's offices on July 14, 2022 in Beijing, China. VCG/Getty Images Alibaba Group Holding Ltd. announced...

Alibaba to pour US$53 billion into AI infrastructure in bet on future growth

Alibaba Group Holding will invest at least 380 billion yuan (US$52.4 billion) in its cloud computing and artificial intelligence (AI) infrastructure over the next...

Amazon, Google, and more stocks to watch this week

In This StoryAfter a dramatic week of AI stock swings and major tech earnings, it’s time for another round of tech results. Despite cooling...

PYMNTS’ Shopping Apps Ranking Reveals Best in Personalized Customer Experiences | PYMNTS.com

Consumers are relying more on shopping apps for personalized shopping experiences. Retailers are trying to meet the...

Lunar New Year shopping: Hong Kong and Shenzhen battle for dollars and deals

A cross-border battle is under way between retailers looking to attract Hongkongers, as mainland Chinese operators offer free coaches to Shenzhen in the run-up...

Amazon Takes On Temu With New ‘Haul’ Store, Just In Time For Holidays

Amazon is making a strategic move into ultra-low-cost shopping just as holiday spending kicks into high gear. The retail giant announced today the beta...

Tencent Cloud Commits $500 Million for Infrastructure Development in Indonesia by 2030

GoTo Group, Tencent Holdings (TCEHY, Financials), and Alibaba's (BABA, Financials) Cloud division have signed agreements to strengthen cloud infrastructure and...

China’s shopping spree in spotlight as spending flags – Latest News

BEIJING China's largest online shopping...

China’s ‘Singles Day’ shopping spree in spotlight as spending flags

China's largest online shopping bonanza wraps up on Monday, with analysts and investors watching for signs that consumption is rebounding...

The Singles’ Day shopping festival loses its shine under China’s lagging economy

HONG KONG (AP) — Merchants and consumers alike found the Singles' Day shopping festival Monday less shiny than in years...

Alibaba’s global commerce unit launches new translation-focused AI model

“Macro MT will seamlessly integrate into Alibaba International’s overarching business strategies, fortifying the operational backbone of our diverse cross-border e-commerce platforms such as AliExpress,...

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