Alibaba Says Its AI Investments in Retail Have Broken Even — A Milestone for Profitability in Artificial Intelligence

Alibaba Says Its AI Investments in Retail

Alibaba Group has reached a critical milestone in its artificial intelligence (AI) journey. The Chinese tech giant said its AI investments in Taobao and Tmall, its flagship eCommerce platforms, have officially broken even, proving that large-scale AI spending can yield measurable financial returns. In a statement cited by CNBC, Alibaba executives revealed that AI has … Read more