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ALIBABA CLOUD SERVICES
Alibaba unveils new AI chip in push for domestic alternativesAlibaba has launched its new Zhenwu M890 AI chip, offering triple the performance of its previous model. This development is part of China'...
Baidu results beat estimates as AI cloud surge offsets ad slumpBaidu has announced strong quarterly results, surpassing market expectations. The company's cloud computing services showed significant gro...
US stock market today: Why is Dow Jones crashing while the S&P 500 and Nasdaq rise? Dow falls 260 points as inflation heats up and Trump heads to ChinaUS stock market today: Dow Jones, S&P 500, and Nasdaq moving in opposite directions. Dow falls 260 points today as inflation heats up and P...
Big Chinese tech firms scramble to secure Huawei AI chips after DeepSeek V4 launchAmidst the growing competition in artificial intelligence, Chinese tech behemoths are racing to secure Huawei's Ascend 950 AI chips. The ur...
Thursday Motivation by Jack Ma: 'Never give up. Today is hard, tomorrow will be worse, but the day after tomorrow will be...'Jack Ma, Alibaba co-founder, faced many rejections before internet success. His quote "Never give up" reflects his belief in overcoming har...
Microsoft must face $2.8 billion UK lawsuit over cloud computing licencesA London tribunal has allowed a mass lawsuit against Microsoft. Thousands of British businesses claim they were overcharged for Windows Ser...
China's Zhipu posts 132% rise in annual revenue on AI boomZhipu AI reported revenue growth of 131.9% for 2025 on Tuesday, in its first results update since raising HK$4.35 billion ($554.9 million) ...
China's Alibaba targets $100B in AI and cloud revenue over 5 yearsChinese tech giant Alibaba plans to earn over 100 billion dollars from its artificial intelligence and cloud businesses in the next five ye...
Alibaba pins hopes on AI as quarterly net profit dropsNet profit plunged 66% to 15.6 billion yuan ($2.2 billion) primarily due to a "decrease in income from operations", the firm said. China's ...
Alibaba Cloud announces new data centres in Malaysia, the PhilippinesAlibaba Cloud has opened its third data centre in Malaysia and plans to launch a second in the Philippines by October. The expansion aims t...
Alibaba Cloud announces price cut on products powered by offshore data centersAlibaba Cloud reduces prices up to 59% for offshore data center products to attract AI developers. Services like computing, storage, and ne...
China's Alibaba Cloud rolls out price cuts of up to 55% on cloud productsChina's Alibaba Cloud said on Thursday it will cut prices on its cloud service products by an average of 20% in its second large-scale pric...
Alibaba Cloud suffers second service outage in a monthThe impact was mainly felt by several of Alibaba Cloud's database management products, including PostgreSQL, Redis and MySQL editions. Beij...
How Alibaba's six main new business units stack upAlibaba Group Holding's former CEO, Daniel Zhang, has unexpectedly left the company's cloud computing unit, raising concerns about its spin...
Alibaba's DingTalk will split from Cloud business groupThe sources could not confirm the exact timing of the split and also did not confirm news reported by Chinese media outlet Caixin on Wednes...
Alibaba Cloud cuts prices by up to 50% for core, storage productsAccording to Alibaba Cloud's website, prices for elastic computing services - the ability to quickly expand or decrease processing - using ...
Alibaba Cloud to invest USD 283 mn to accelerate global partner ecosystemWith the investment to be carried out in the current fiscal year, Alibaba Cloud aims to introduce new and improved work process with partne...
Alibaba Cloud opens second data centre in IndiaAlibaba Cloud, the cloud computing arm of Alibaba Group, has launched its second data centre in India, with a new 'availability zone' in Mu...
Alibaba Cloud extends coverage to Indian enterprises, targets SMEAlibaba Cloud now has 33 availability zones across 16 economic centres globally, with coverage extending across China, Japan, Australia, Eu...
Tata Communications drops 3% after forming partnership with Alibaba CloudFollowing the announcement, the stock declined 3.05 per cent to hit a low of Rs 743.05.