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.
While cloud computing and AI can provide notable benefits for the financial industry, there are key challenges of this ...
Five Microsoft employees were ejected from a meeting with the company's chief executive for protesting contracts to provide ...
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.
Machine learning models scan the history and real-time data within the cloud for patterns as well as outliers to denote ...
Chinese companies are reportedly increasing their orders for Nvidia's H20 AI chips due to increased demand for low-cost AI ...
Workload isolation technology startup Edera Inc. announced today that it has raised $15 million in new funding to expand its ...
The company held its inaugural auction Tuesday, connecting buyers with a dozen providers, and will host another beginning Mar ...
Alibaba Group Holding's cloud computing arm has introduced its updated artificial intelligence (AI) model, Animate Anyone 2, ...
Alphabet kickstarted the quantum computing investment trend in late 2024. Google Cloud is a massive beneficiary of artificial ...
Alibaba releases Wan 2.1, its advanced AI video and image generation model, as open source, directly challenging OpenAI's ...
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