Alibaba, 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. Francis Maguire reports. Could these jumping mice change how astronauts exercise?
Alibaba’s stock falls on expensive AI investment pledge
Alibaba Group Holdings Ltd.’s U.S.-listed stock fell 2.7% in premarket trading on Monday after the online retailer said it plans to spend about $53 billion over the next three years on its cloud computing and Artificial Intelligence infrastructure. The spending plan amounts to nearly eight times its most recent quarterly profit of $6.7 billion.
Alibaba commits to spending $53 billion on AI
The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.
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 Plans to Invest $52B in AI, Cloud Over Next Three Years
U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese tech giant announced plans to invest more than $52 billion in artificial intelligence and cloud 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
Alibaba is going all in on trying to beat the US at developing AI that can reason like a human being
Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...
Wall Street Breakfast Podcast: Alibaba Bets $52B On AI, Cloud
Alibaba to invest over $52 billion in AI, cloud infrastructure over next three years. Prosus to acquire Just Eat Takeaway for ...
Alibaba to invest over $52B in AI over next 3 years, Reuters reports
Alibaba (BABA) plans to invest at least $52.44B in its cloud computing and artificial intelligence infrastructure over the next three years, ...
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Alibaba joins global AI race with $53 billion investment in AI
Alibaba Group has planned to enter into the global AI race by investing more than 380 billion yuan in artificial intelligence ...
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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 outlines aggressive, 3-year AI capex plan
Alibaba's planned investment in AI and cloud infrastructure over the next three years is forecast to top what it spent over ...
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 (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 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 ...