Alibaba Cloud Revenue Accelerates. The big spending plans comes as investors are scrutinizing costs related to AI, particularly after China startup DeepSeek launched a powerful AI ...

Alibaba announced plans to invest billions in AI infrastructure. Founder Jack Ma recently met with Chinese President Xi ...

Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...

The AI race is heating up like never before, with companies across the globe fighting to stay on top. Right now, it's mainly ...

Alibaba Group plans to invest more than $52 billion on AI and cloud infrastructure over the next three years, in a bid to seize more opportunities in the artificial-intelligence era.

The DeepSeek revolution is rippling through China’s tech sector, as hundreds of companies adopt the buzzy AI model in their ...

With the move, DeepSeek is pushing harder on an open-source approach to AI development that’s won more advocates since its ...

DeepSeek AI, the artificial intelligence (AI) lab based in China, announced on Friday that it will launch five open-source ...

The Hang Seng Tech Index climbed 4.7% to a new three-year high, bringing the week's gain to 4.2%. That marks the sixth straight week of advances, the best winning streak since May 2020 ...

China's AI breakthrough already has made its mark across global financial markets, Federated Hermes' James Cook reports ...

The hashtag “ask DeepSeek whether my job will be taken” has been trending on Chinese microblogging site Weibo, garnering ...