2026-04-16 15:35:14
Alibaba Stock Rises Over 3% as Alibaba Cloud Announces Price Increase for AI Services
On April 16, Alibaba's stock rose over 3% after announcing price increases for its AI services to stabilize supply and operations. The company also unveiled Happy Oyster, an innovative model for 3D environments, targeting gaming and film industries, while aiming to boost AI and cloud revenue to $100 billion in five years.