Alibaba Group , has scrapped plans to spin-off its cloud business, citing uncertainties created by U.S. export curbs on chips used in artificial intelligence applications.

Chinese tech company Alibaba (NYSE:BABA) on Monday unveiled plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the ...

Feb 24 - Alibaba Group (BABA, Financial) announced a plan to invest 380 billion yuan (approximately $52.4 billion) over the next three years in its cloud and artificial intelligence infrastructure ...

Together with Chinese Academy of Sciences, Alibaba Cloud has unleashed superconducting quantum computing services on its public cloud, running on a processor with 11 quantum bits of power.

Alibaba Group's work communication and collaboration platform DingTalk will split from the company's cloud division, according to two sources close to the company.

Alibaba Group stunned investors when it announced that it would suspend the listing plan of its cloud computing unit, while also revealing that cofounder Jack Ma intends to sell some of his shares.

Chief executive Daniel Zhang said Alibaba’s cloud business has abundant potential to grow as the country’s total cloud market is expected to reach one trillion yuan by 2025.

The Hangzhou-based firm’s Alibaba Cloud unit, which is China’s largest cloud infrastructure services provider, operates in a major domestic market that is worth about 1 trillion yuan (US$158.1 ...

China's Alibaba Group Holding said on Thursday it will scrap the spin off of its cloud unit in response to export curbs by the United States on chips used in artificial intelligence applications.

Alibaba Group on Thursday (Nov 16) scrapped plans to spin-off its cloud business, citing uncertainties created by US export curbs on chips used in artificial intelligence applications. The ...