9 AI News and Ratings on Investors’ Radar

2. Alibaba Group Holding Limited (NYSE:BABA)

Number of Hedge Fund Holders: 107

Alibaba Group Holding Limited (NYSE:BABA) provides technology infrastructure, e-commerce platforms, cloud services, and digital media solutions for businesses and consumers globally. The company has also made significant investments in AI development.

Alibaba and BMW are collaborating to integrate AI into BMW’s upcoming models in China, aiming to advance in-car technology, Bloomberg reported on March 26. BMW will use AI cockpit features from Banma, a company backed by Alibaba, to improve voice recognition and trip planning. The move comes as Chinese automakers, such as BYD, lead in software-driven EVs, pushing European brands to seek tech partnerships. Alibaba, shifting its focus to AI, plans a major investment in AI infrastructure.