Alibaba, AI

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.
Alibaba to invest more than $52 billion in AI over next 3 years
Alibaba said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the next three years.
Alibaba to spend $53B on AI infrastructure by 2028
Alibaba Group Holding Ltd has announced a massive investment of $53 billion in artificial intelligence (AI) infrastructure, including data centers, in the next three years. The move highlights the e-commerce giant's ambition to become a global leader in AI technology.
Alibaba commits $53 billion to AI and cloud computing investment through 2027
Alibaba announces historic $380B yuan investment in AI and cloud computing infrastructure over next 3 years, marking largest tech investment following Chinese regulatory shifts.
Alibaba Plans to Spend $53 Billion on AI in a Major Pivot
Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data centers over the next three years, a major commitment that underscores the e-commerce pioneer’s ambitions of becoming a leader in artificial intelligence.
Alibaba to invest over $52 billion in AI and cloud infrastructure over next three years
Chinese tech company Alibaba (NYSE:BABA) on Monday unveiled plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the next three years.
Alibaba commits US$53 billion for AI infrastructure in largest private computing project
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Alibaba is going all in on trying to beat the US at developing AI that can reason like a human being
Alibaba has shifted its focus to artificial general intelligence, or AGI.The Chinese tech giant recently reported an 8% rise ...
China's Tech Giant Alibaba To Invest $50 Billion In AI, Cloud Computing
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...
Alibaba shares open at three year-high as quarterly revenue rebounds
Alibaba's shares opened 10% higher in Hong Kong on Friday to reach their highest level in more than three years, after it ...
Alibaba (BABA) Ramps Up AI and Cloud with Massive $53B Investment
Alibaba (BABA) announced a massive investment of $53 billion over the next three years to expand its AI (artificial intelligence) and cloud ...
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Alibaba Commits to AGI, Making AI “The World’s Largest Industry”
Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.
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Alibaba Commits $52.4B to Cloud and AI Expansion Amid Rising Competition
Alibaba (NYSE: BABA) has announced a massive investment of at least 380 billion yuan ($52.44 billion) over the next three ...
Alibaba plans major AI investment as revenues rebound in third quarter
Chief executive Eddie Wu said AI was "the kind of opportunity for industry transformation that only comes around only once ...
Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate
Alibaba’s cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in ...