AI, Alibaba and cloud computing

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 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 $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 accelerates cloud and AI growth with $52.4b investment
Wu Yongming, CEO of Alibaba Group, said the investment exceeds the company's total AI and cloud spending of the past decade, underscoring its focus on an AI-driven growth strategy. With this investment, Alibaba is scaling up its AI capabilities and cloud infrastructure to support the next wave of technological advancements.
Alibaba to invest at least 380 billion yuan in AI over next 3 years
ALIBABA said on Monday it plans to invest at least 380 billion yuan (S$70 billion) in its cloud computing and artificial intelligence infrastructure over the next three years. Read more at The Business Times.
China's Alibaba to invest US$50 billion in AI, cloud computing
BEIJING: Chinese tech giant Alibaba said on Monday (Feb 24) it will spend more than US$50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder
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 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 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 ...
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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, ...
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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.
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 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 ...
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 ...
Alibaba Surges as Comeback for Jack Ma’s Empire Takes Hold
Alibaba Group Holding Ltd. posted its fastest pace of revenue growth in more than a year, as the Chinese internet pioneer ...
Why Are Alibaba and Other Chinese Tech Stocks up So Much?
Alibaba, Tencent and other Chinese technology stocks surged Friday, lifting Hong Kong's Hang Seng Index to a near-three-year ...