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Alibaba commits US$53 billion for AI infrastructure

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 $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 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.

Gulf News on MSN · 1h

China’s Alibaba to invest $50b 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 with President Xi Jinping.

Channel NewsAsia Singapore · 1h

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

1h

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 ...

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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 ...

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China Market Update: Alibaba Goes Ballistic, Finance Minister Talks Consumption, Week In Review

Asian equities ended a positive week on a high note, led by Hong Kong and Mainland China-listed growth stocks following ...

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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 ...

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In from the cold? Alibaba co-founder Jack Ma spotted among top tech bosses who met China’s Xi

Chinese leader Xi Jinping hosted Alibaba co-founder Jack Ma and the country’s top tech executives in Beijing on Monday, in a ...

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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 ...

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Alibaba (BABA) Will Report Its Earnings Today. Here Is What to Expect

Chinese e-commerce giant Alibaba (BABA) is set to announce its fiscal Q3 FY25 results today. Alibaba stock has surged more ...

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China tech firms like Alibaba and Lenovo are rallying on DeepSeek hype and AI’s ‘once every several decades’ opportunity

The DeepSeek revolution is rippling through China’s tech sector, as hundreds of companies adopt the buzzy AI model in their ...

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