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The Latest Breaking News from Eddie Wu

Alibaba’s AI push reaches deeper into Europe with new cloud regions and data centres

Alibaba has announced plans for new data centres in Europe, alongside a more powerful AI chip and plans for much larger Qwen models at its annual flagship.

Euronews · Sep 23

China's Alibaba launches international data centre push

Chinese tech giant Alibaba unveiled plans on Wednesday to expand its overseas data centres, targeting markets across Europe and the Middle East. Alibaba is targeting more than 20 gigawatts of global data centre capacity by 2032, Wu said during the firm's annual flagship conference in Hangzhou.

The Economic Times · Sep 23

Alibaba Shares Surge After Major AI Announcement Including a New Chip and a Massive Data Center

The company made the announcements at its annual Apsara Conference.

International Business Times · Sep 22

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China's Alibaba unveils new powerful chip and ambitious AI model plans

China's Alibaba has unveiled new plans for its AI model and new chip technologies, including what it claims is China's most powerful AI chip

The Independent UK · Sep 22

Alibaba plans AI model with 5 trillion to 10 trillion parameters, unveils new chip

Speaking at Alibaba Cloud's annual Apsara Conference in Hangzhou, Wu said the company's Qwen team was continuing research into model architecture and data optimisation, with the goal of completing "more complex, longer-horizon tasks" and advancing toward artificial superintelligence, or ASI.

The Economic Times · Sep 22

3 CEOs Are Buying Millions of Dollars of Their Beaten-Down Stocks

CEOs of Alibaba, Klarna, and CoStar bought over $20 million combined in company shares as each stock struggled in 2026, signaling insider confidence despite weak performance.

MarketBeat · Sep 4

Alibaba’s Chairman Just Bought Shares After a Major AI Funding Deal. How Investors Should View the Move.

Alibaba’s chairman and CEO bought more than $15 million of shares after the company raised $10.2 billion to fund its AI infrastructure plans, even as the new-share sale diluted existing holders.

Barchart · Aug 30

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Why Billionaire Founder Jack Ma Just Bought $76.5 Million Worth of Alibaba Stock

Jack Ma’s $76.5 million Alibaba stock purchase is giving investors a fresh reason to reconsider the company’s aggressive AI bet amid mounting spending and renewed insider confidence.

Barchart · Aug 30

Alibaba Diluted Shareholders for AI. Its Insiders Just Bought the Dip

Alibaba’s insiders bought after a $10 billion AI raise, and I’m betting the returns will justify the dilution.

Barchart · Aug 24

Alibaba Is Betting Another $10 Billion On AI. Investors Aren't Sold Yet And Its Stock Fell.

Alibaba's Hong Kong shares fell as much as 10.5% on Monday.

International Business Times · Aug 24

Alibaba Shares Sink as AI Spending Surges, Sending Down Its Profit

Revenue rose 9% from a year earlier to 268.95 billion Chinese yuan, or roughly $39.7 billion, narrowly exceeding the 268.88 billion yuan expected by analysts.

International Business Times · Aug 20

Alibaba Qwen Update Sends Clear Signal on AI Chip Resilience

Alibaba's latest Qwen model rivals top U.S. AI systems and now powers Apple devices in China, showing its chip strategy is paying off.

Barchart · Aug 5

How to Play BABA Stock as Alibaba Unveils New Qwen AI Model

BABA stock jumped after Qwen AI landed on Apple devices in China, adding fresh proof its AI push is paying off. Here's what it means.

Barchart · Jul 22

Alibaba Group Q4 Earnings Call Highlights

Alibaba Group (NYSE:BABA) said its stepped-up investments in artificial intelligence, cloud computing and consumption businesses are beginning to translate into faster revenue growth, even as those investments weighed heavily on adjusted earnings and free cash flow in the March quarter. On the comp

MarketBeat · May 13

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The Economic Times · May 13

Alibaba to exceed planned AI spending and says margin is secondary

Alibaba plans to spend more than its projected 380 billion yuan on Artificial Intelligence over three years. The company reported quarterly results impacted by significant investments in AI and cloud infrastructure. Despite profit pressures, Alibaba aims for market leadership, prioritising growth over margins. Demand for AI is surging, benefiting Alibaba's…

Barchart · Apr 6

Alibaba Just Revealed Its New Agentic AI Model. Should You Buy, Sell, or Hold BABA Stock Now?

Alibaba unveiled its new agentic AI model, but heavy spending and profit pressure keep BABA stock a cautious hold despite strong long-term upside.

Barchart · Mar 26

Down 15% in 2026, Should You Buy the Dip in Alibaba Stock?

Alibaba is down so far this year, and also fell after revenue and earnings missed estimates

Barchart · Mar 18

Alibaba Just Launched a New AI Unit. Should You Buy BABA Stock Here?

Other factors make BABA stock attractive for some investors, not just its new AI unit.

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The Guardian - UK · Jan 28

China lags behind US at AI frontier but could quickly catch up, say experts

Beijing’s AI policy is focused on real-life applications but Chinese companies are beginning to articulate their own grand visions

Benzinga · Nov 25, 2025

Alibaba Q2 FY25 Earnings Call Transcript

Alibaba Group Holding Ltd (NYSE:BABA) reported fiscal second-quarter financial results before the market open on Tuesday. The transcript from the earnings call has been provided below.

Benzinga · Nov 7, 2025

Investors Dump Meituan And Chase Alibaba's AI Boom

Chinese e-commerce major Alibaba Group Holding Limited (NYSE:BABA) continues to draw investor attention as it doubles down on artificial intelligence, cloud infrastructure, and instant-commerce delivery.

Benzinga · Sep 29, 2025

Alibaba's $53 Billion AI Push Is The Threat Nvidia Can't Ignore

Alibaba Group Holding Ltd‘s (NYSE: BABA) (NYSE: BABAF) stealth AI expansion may be Wall Street's blind spot—but it's Nvidia Corp's (NASDAQ: NVDA) margin moat that's directly in the crosshairs. CEO Eddie Wu has pledged to surpass the company's $53 billion AI investment as demand for compute skyrockets, setting up a…

Benzinga · Sep 26, 2025

Alibaba's $53 Billion AI Play Ignites Its Stock—These ETFs Are In Focus

Alibaba Group Holding Inc.’s (NYSE: BABA) U.S.-listed shares have been on a tear throughout 2025, more than doubling so far this year and reaching their highest since October 2021. The rally gained momentum this week following CEO Eddie Wu’s commitment to increase AI spending beyond the already staggering $53 billion over three years. The…

Benzinga · Sep 25, 2025

Alibaba Surges 107% After Boosting AI Budget Beyond $50 Billion And Reporting Strong Cloud Growth

Alibaba Group (NYSE: BABA) stock climbed to its highest level in nearly four years after the company announced it would increase artificial intelligence spending beyond its previously disclosed $50 billion-plus target. The stock is trading lower on Thursday, but it is still up 107% year-to-date, surpassing the NYSE Composite index…

International Business Times UK · Sep 24, 2025

Alibaba Stock: Shares Rocket 9% in US Premarket After CEO Pledges to Pour Cash Into AI

Alibaba's US-listed shares jumped 9% in premarket trading after CEO Eddie Wu pledged to expand the company's multibillion-dollar investment in artificial intelligence and cloud infrastructure.

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