Alibaba, AI

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 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 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 announces investment in AI, cloud computing
Chinese tech giant Alibaba said on Monday it will invest more than 380 billion yuan (US$52.4 billion) on artificial intelligence 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 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 ...
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 ...
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 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 ...
Analytics India Magazine1h
Chinese Giant Alibaba to Invest Over $52 Billion in AI Over the Next Three Years
Alibaba Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...
Alibaba shares soar nearly 15% after stellar earnings as China's e-commerce sector recovers
Alibaba has been making 'significant strides' in advancing its AI cloud business after launching its Qwen 2.5-Max flagship AI ...
Channel NewsAsia Singapore4h
Daily Cuts - Look who’s back: Alibaba’s Jack Ma returns to the spotlight
E-commerce giant Alibaba is back in the spotlight with founder Jack Ma’s attendance at Chinese President Xi Jinping’s big tech billionaire bash. The company’s big bet on AI also seems to be paying off ...
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 ...