Alibaba CEO Eddie Wu says he doesn't see "much of an issue" with an AI bubble. Wu said AI demand is outpacing global chip supply, and the company plans to invest "aggressively." The Chinese tech giant ...

KEY TAKEAWAYS U.S.-listed shares of Alibaba Group are rising in premarket trading Friday after GameStop CEO Ryan Cohen reportedly raised his stake in the Chinese tech giant and as investors cheered ...

During the call, Wu addressed the AI bubble concerns, saying that both supply and demand suggest otherwise. On the demand side, he said, "We're not yet seeing any issues in terms of Scaling Law.

Alibaba Group Holding (NYSE:BABA) shares climbed on Friday following the release of its fiscal first-quarter results, as the e-commerce giant co-founded by Jack Ma reported revenue that exceeded ...

Alibaba reported cloud computing revenue up 34% year-on-year in its fiscal second quarter, beating market expectations. Investors are focused on Alibaba's cloud division which books its revenue ...

Alibaba CEO plans to increase capital spending on AI and cloud beyond previous target Alibaba shares surged on Wednesday. Tech investor Cathie Wood this week bought Alibaba stock for the first time in ...