Alibaba, AI

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 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 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.
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 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 to invest $70 billion in AI over next 3 years in major pivot
The amount would be more than it has spent on its AI and cloud computing network over the past decade. Read more at straitstimes.com.
Alibaba to Spend $53 billion on AI infrastructure in big pivot
The internet company 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 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 to invest more than $52 billion in AI over next 3 years
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
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 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 Group Holding will invest at least 380 billion yuan (US$52.4 billion) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years,
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Alibaba Launches New Qwen Reasoning Model; To Release iOS and Android App for Qwen Chat
The QwQ-Max reasoning model is ‘designed to push the boundaries of deep reasoning and versatile problem-solving.’ ...
Alibaba Joins Global AI Race With $53 Billion Investment
Alibaba Group Holding Ltd. has announced an ambitious plan to invest over 380 billion yuan ($53 billion) in AI infrastructure over the next three years. Alibaba joins global AI race by investing $53 ...
Bill Gates' Concerns, Nvidia' Leap In Genetic Research, Elon Musk's Grok Beats OpenAI's ChatGPT, And More: This Week In AI
The week was abuzz with news from the tech world, with AI in the spotlight. Bill Gates warned of challenges for future ...
Microsoft scraps some data center leases as Apple, Alibaba double down on AI
Microsoft’s lease cancellations were detailed on Friday in a note from TD Cowen analysts. According to Bloomberg, the ...
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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 is going all in on 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 ...
Why Alibaba Group Holding Ltd. (BABA) Surged On Friday?
We recently published a list of Five Chinese Firms Dominate Friday’s Top 10 Gainers. In this article, we are going to take a ...
Alibaba rockets higher as comeback for Jack Ma’s empire takes hold
On Feb 20, Alibaba reported a faster-than-projected 8 per cent rise in sales to 280.2 billion yuan (S$51.6 billion) in the ...