Alibaba to invest more than $52 billion in AI

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.
China's Alibaba to invest $50 bn in AI, cloud computing
Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting President Xi Jinping.
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
Alibaba’s massive $53B AI investment plan unveiled
Alibaba Group, the Chinese multinational technology company specializing in e-commerce, retail, internet, and technology, has announced a mas
Alibaba plans to invest $53 billion on AI infrastructure over the next three years
Alibaba, co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade.
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 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 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 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 developing AI that can reason like a human being
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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 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, ...
Computer Weekly8h
Alibaba bets $53bn on cloud and AI
Chinese tech giant unveils massive three-year investment in a move to capitalise on the AI opportunity and position its cloud ...
Alibaba Cloud AI model Animate Anyone 2 simplifies making of lifelike character animation
Alibaba Group Holding's cloud computing arm has introduced its updated artificial intelligence (AI) model, Animate Anyone 2, ...
Alibaba Posts Fastest Revenue Growth Since 2023
The e-commerce company posted a better-than-expected 7.6% rise in revenue as it worked to put growth back on track amid ...
China's Alibaba sees revenue surge on back of artificial intelligence, e-commerce
Chinese e-commerce firm Alibaba Group Holding posted its fastest revenue growth in more than a year, beating analyst ...
Alibaba’s $120 Billion Rally May Have Room To Grow On AI Optimism
Chinese e-commerce giant Alibaba highlighted its AI ambitions as it reported strong results for its third quarter, fueling ...