Chinese giant Alibaba released Wan 2.1 and made it open-source: It's a text-to-video AI service similar to OpenAI's Sora.

Chinese e-commerce leader Alibaba said on Wednesday its video- and image-generating artificial intelligence model Wan 2.1 is ...

Open-source AI tech has been thrown into the spotlight since Chinese firm DeepSeek rattled global markets in January.

The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its ...

Alibaba is giving people free access to its generative artificial intelligence models that can produce highly realistic ...

Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...

Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...

Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.

The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure ...

Alibaba Group Holding Ltd.’s U.S.-listed stock fell nearly 7% on Monday after the online retailer said it plans to spend ...

Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...

We recently compiled a list of the 10 AI Stocks Gaining Momentum Right Now. In this article, we are going to take a look at ...