Alibaba's unveiling of its powerful QwQ-32B AI model, rivaling DeepSeek's R1, sparked a stock rally with its Hong Kong shares hitting a 52-week high, fueling optimism among analysts about the company's earnings potential driven by its AI advancements.
In a groundbreaking move, tech titans Meta, Microsoft, Alphabet, and Amazon unleash a staggering $320 billion investment blitz to propel AI innovation, fueling a frenzy of advancements across data centers, infrastructure, and cutting-edge technologies.
Microsoft doubles down on its staggering $80 billion investment as the tech giant forges ahead with AI innovation, strategically allocating resources to meet soaring customer demand across all regions amidst the AI boom.