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 ...
China Insight: How China’s AI Aims to Reshape the Fashion Industry
Leading Chinese fashion firms are implementing AI to help improve their operations in the face of slowing domestic demand and ...
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Chinese Alibaba to invest $53 billion in building AI infrastructure: Reports
Chinese tech giant Alibaba Group will invest more than 380 billion yuan (about $53 billion) in building cloud and hardware ...
DeepSeek fuels India-to-China capital rotation: should you jump in?
China’s MSCI Index has surged 26.5% this year, driven by DeepSeek’s AI breakthroughs, while India’s stock market struggles ...
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China's Alibaba to Invest $50 Bn in AI, Cloud Computing
Asharq Al Awsat 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 ...