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AI, Alibaba Group

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.

Hosted on MSN · 3h

Alibaba Plans to Invest $52B in AI, Cloud Over Next Three Years

KEY TAKEAWAYS 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.

Business Insider · 2h

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,

Hindustan Times · 8h

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.

Bloomberg on MSN · 11h

Alibaba to Spend $53 Billion on AI Infrastructure in Big Pivot

Alibaba Group Holding Ltd. has 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.

6hon MSN

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 ...

Hosted on MSN42m

Chinese tech giant Alibaba announces enormous investment in AI

Chinese tech giant Alibaba announced on Monday that it will invest $50 billion into artificial intelligence and cloud ...

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 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 ...

3don MSN

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 over a year, beating analyst expectations ...

6h

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 ...

newsbytesapp.com6h

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, ...

11mon MSN

Alibaba Stock Falls. Why a $52 Billion AI Spending Pledge Is Rattling Investors.

Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.

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