Alibaba Group Holding Ltd. and Tencent Holdings Ltd. lost $66 billion of market value in roughly 24 hours, after the market punished the twin leaders of China’s tech arena for failing to lay out clear ...

The market punished Alibaba and Tencent for failing to lay out clear visions for how to profit off AI.  Read more at straitstimes.com. Read more at straitstimes.com.

Chief executive officer Eddie Wu proclaimed that goal after his company reported a 67% plunge in quarterly earnings and meagre revenue growth.

Alibaba Group Holding Ltd. is setting up a business unit to bring its sprawling AI services and development endeavors under a single umbrella, signaling its determination to profit off artificial ...

The e-commerce giant's revenue in the December quarter rose 2 per cent to US$40.7 billion Alibaba Group Holding, China's e-commerce and artificial intelligence powerhouse, on Thursday for the first ...

Alibaba stock sinks on disappointing Q4 earnings report. First Eagle recommends buying BABA shares on the dip. It sees the firm's AI unit as a free call option at current price. Alibaba (NYSE: BABA) ...

Alibaba's recent earnings received big applause from Wall Street with the help of its 26% YoY growth in Alibaba Cloud. Despite chip restrictions, the company's cloud business seems to be showing ...

Alibaba has been accused by the US government of providing data and technical support to China's military, posing a threat to American national security. Both Alibaba and the Chinese Embassy in ...