Alibaba to Spend More Than $52 Billion in AI, Cloud Over Next Three Years 
 

The Chinese technology giant first mentioned the plan last week when it reported results but didn't provide a specific figure.

 
Tesla, Uber Head Toward a Showdown in Austin 
 

Uber CEO Dara Khosrowshahi says Tesla will go it alone at the start of its self-driving robotaxi journey.

 
Olam Sells Remaining Stake in Agri Products Business to Saudi Arabia's Salic 
 

The Singapore-based company expects to raise $2.58 billion from the sale of its remaining stake in its agricultural products business to Saudi Agricultural and Livestock Investment Company.

 
How Porsche, Volvo and Rivian Are Injecting Unique Driving Styles Into Self-Driving Cars 
 

The automakers are using software and AI to make vehicles of tomorrow more collaborative, working alongside passengers.

 
Why the Nippon-U.S. Steel Deal Still Has a Chance of Getting Done 
 

As unlikely as it might seem, a victory by the Japanese company can't be ruled out.

 
A Test for Apple's New iPhone: Beating Chinese Rivals With Home-Field Edge 
 

Apple hopes the new device will allow it to become more competitive in China after the iPhone lost its spot as China's bestselling smartphone.

 
How the Internet Made In-Store Shopping Miserable 
 

Physical stores don't have enough staff. Now, they also don't have enough stuff.

 
Australia's Perpetual Ends Talks With KKR Over $1.39B Asset Sale 
 

Australia's Perpetual ended talks with KKR about a potential asset sale to the U.S. buyout firm, and will instead look to hold onto its corporate trust unit.

 
China's Leading Private Rocket Company Has Eye on Listing in 2028 
 

The Jiangsu-based company's CEO said that while it intends to go public in the future, the timing will depend on the company's product development and China's capital-market conditions.

 
Fox has a successful streaming brand in Tubi. So why is it launching another video app? 
 

Tubi had more hours streamed in December than Paramount+, Peacock or Max, and it just helped deliver the Super Bowl's biggest audience.

(END) Dow Jones Newswires

February 24, 2025 03:00 ET (08:00 GMT)

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