Riding the AI Wave: Alibaba Shares Rise As Accelerated Cloud Sales Drive 34% Jump

Alibaba Group Holding signaled on Tuesday that it is prepared to aggressively ramp up capital expenditures beyond its already massive projections, betting the company’s future on an artificial intelligence boom that CEO Eddie Wu describes as “highly definitive.” The Chinese tech titan reported accelerated sales at its pivotal cloud division, sparking a premarket rally of […] The post Riding the AI Wave: Alibaba Shares Rise As Accelerated Cloud Sales Drive 34% Jump appeared first on Tekedia.

  Business   Nov 26, 2025   0   3  Add to Reading List
Riding the AI Wave: Alibaba Shares Rise As Accelerated Cloud Sales Drive 34% Jump

Alibaba Group Holding signaled on Tuesday that it is prepared to aggressively ramp up capital expenditures beyond its already massive projections, betting the company’s future on an artificial intelligence boom that CEO Eddie Wu describes as “highly definitive.” The Chinese tech titan reported accelerated sales at its pivotal cloud division, sparking a premarket rally of […]

The post Riding the AI Wave: Alibaba Shares Rise As Accelerated Cloud Sales Drive 34% Jump appeared first on Tekedia.

Read Original   

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow