Alibaba (BABA) Stock Rallies as $53 Billion AI Push and Nvidia Deal Spark Investor Interest | NYGazet

Alibaba Group ($BABA) shares rose 8.19% on Wednesday after the company said it will increase its artificial intelligence budget beyond its earlier $53 billion plan....

Alibaba Group (BABA) shares rose 8.19% on Wednesday after the company said it will increase its artificial intelligence budget beyond its earlier $53 billion plan. The update came at the Apsara Conference, where Chief Executive Officer Eddie Wu noted... [2279 chars]