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.

Alibaba Cloud invests $53 billion in artificial intelligence to drive AI infrastructure, cloud computing and LLMs as Alibaba Group ADR stock increases.

The group said its Alibaba Cloud unit has recorded triple-digit AI-related product revenue growth for six consecutive quarters.

Alibaba Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial intelligence across several of its divisions such as e-commerce and consumer applications.

The latest earnings report from Alibaba Group highlights resilience in key segments, led by cloud and international commerce growth.

Alibaba Group Holding's cloud computing arm has introduced its updated artificial intelligence (AI) model, Animate Anyone 2, which the company touts as simplifying the animation of lifelike characters with just a static image and one video cue.

We recently published an article titled Why These 15 E-Commerce Stocks Are Skyrocketing So Far In 2025. In this article, we are going to take a look at where Alibaba Group Holding Limited (NYSE:BABA)

BEIJING: Chinese tech giant Alibaba said on Monday (Feb 24) it will spend more than US$50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder

Alibaba announces historic $380B yuan investment in AI and cloud computing infrastructure over next 3 years, marking largest tech investment following Chinese regulatory shifts.

30, 55% of Alibaba's group revenue came from these e-commerce ventures. Conversely, Baidu makes most of its income from the search advertising business (56%) and cloud computing (23%). While both ...