China’s tech giant Alibaba has announced a substantial investment of $52.4 billion in AI and cloud computing over the next ...

Alibaba has shifted its focus to artificial general intelligence, or AGI.The Chinese tech giant recently reported an 8% rise in quarterly revenue, boosting its stock price.Alibaba plans to invest $53 ...

Billionaire Masayoshi Son, founder and CEO of Japanese multinational investment company SoftBank Group, is one of the richest ...

The chief executive of Indonesian tech giant GoTo has not ruled out merging with rival Grab as he revealed the company’s ...

OpenAI plans to charge up to $20,000 monthly for AI agents tailored for various tasks. SoftBank committed $3B in investment.

March 1 (Reuters) - SoftBank Group (9984.T), opens new tab CEO Masayoshi Son plans to borrow $16 billion to invest in AI, the company's executives told banks last week, The Information tech news ...

Ma founded e-commerce firm Alibaba in the 1990s and was once China’s richest man. He is well known in Japan as a friend of Masayoshi Son, the founder and chief executive of SoftBank Group Corp ...

In 2011, the company transferred the ownership of Alipay to a new company (now called Ant Financial, which is 33% owned by Alibaba) without the approval of key shareholders Yahoo and SoftBank.

the CEO of major AI investor SoftBank, said earlier this month that he expects AGI to arrive "much earlier" than his late-2024 forecast of two to three years. Wu's statement came after Alibaba ...