Alibaba’s AI Arm Surges 34% Though Big Spending Slashes Profit
(Bloomberg) — Alibaba Group Holding Ltd. (BABA, 9988.HK) posted better-than-projected 34% growth in its cloud business, offsetting a…
Alibaba Shares Jump After CEO Reveals Plans to Raise AI Spending
(Bloomberg) — Alibaba Group Holding Ltd.’s shares surged to their highest in almost four years after it announced…