Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence (AI) and cloud ...
China's economic fortunes were improving before Donald Trump's re-election, but his return to the White House seems to have inspired Xi Jinping to bring Beijing's business leaders in from the cold.
Alibaba Group Holding Ltd., co-founded by Chinese entrepreneur Jack Ma, on Monday pledged to invest US$52.4 billion in its cloud computing and artificial intelligence (AI) infrastructure over the next ...