AI, Alibaba

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’s massive $53B AI investment plan unveiled
Alibaba Group, the Chinese multinational technology company specializing in e-commerce, retail, internet, and technology, has announced a mas
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 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 (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
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 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.
Jack Ma, Alibaba and Ant Group founder, joined Chinese tech leaders in a meeting with Xi Jinping. Here's how he amassed a huge fortune.
The life of Jack Ma, founder of Alibaba. He grew up poor in China and was rejected from multiple jobs before finding success ...
Alibaba Surges as Comeback for Jack Ma’s Empire Takes Hold
Alibaba Group Holding Ltd. posted its fastest pace of revenue growth in more than a year, as the Chinese internet pioneer ...
What does Jack Ma's return to the spotlight mean?
Social media was abuzz with users praising Mr Ma for his return to the public spotlight. "Congratulations [Jack] Ma for the ...
Alibaba CFO Toby Xu Touts 5% Drop In Share Count Thanks To Aggressive Buybacks As Jack Ma-Founded Company Basks In Stellar Q3 Results
Alibaba Group Holding Ltd. has achieved a significant 5% reduction in share count over the past nine months through ...
Ant Group’s Profit Rises With Jack Ma Back in the Public Eye
Ant Group Co.’s quarterly profit surged more than 50-fold after it benefited from an investment gain, a major boon for the ...
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 ...
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 ...
Hosted on MSN1h
GameStop CEO Ryan Cohen Increases His Alibaba Stake to $1 Billion
Alibaba’s shares soared by 8.1% on Thursday following significant developments involving its founder, Jack Ma, and ...