Alibaba’s stock falls on expensive AI-investment pledge
Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...
Alibaba Stock Falls. Why a $52 Billion AI Spending Pledge Is Rattling Investors.
Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
These Stocks Are Moving the Most Today: Berkshire Hathaway, Apple, Alibaba, Nvidia, Domino’s, Rivian, and More
Berkshire Hathaway‘s fourth-quarter operating earnings surge 71%, Apple plans to spend more than $500 billion in the U.S.
Alibaba Joins Global AI Race With $53 Billion Investment
Alibaba Group Holding Ltd. has announced an ambitious plan to invest over 380 billion yuan ($53 billion) in AI infrastructure over the next three years. Alibaba joins global AI race by investing $53 ...
Anadolu Ajansi5m
Alibaba announces $53B investment in AI infrastructure over next 3 years
The investment, which exceeds Alibaba’s total AI and cloud spending over the past decade, underscores the company’s focus on AI-driven growth and its role as a leading global cloud provider,' accordin ...
Lane Report12m
Apple plans to invest $500B+ in U.S. the next four years
Apple today announced its largest-ever spend commitment, with plans to spend and invest more than $500 billion in the U.S.