The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its ...
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent ...
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AFP on MSNChina's Alibaba to invest $50 bn in AI, cloud computingChinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing ...
Alibaba announced plans to invest at least RMB380 billion (US$53 billion) over the next three years to advance its cloud ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Chinese Tech Giant Alibaba Will Spend More Than $50B on AI and Cloud Computing Over Next Three Years
The company’s AI investment exceeds its decade-long budget, reinforcing its commitment to long-term tech growth.
The introduction of QwQ-Max-Preview comes as Alibaba pledges to invest US$53 billion on cloud and AI infrastructure in the ...
Alibaba (BABA) stock is falling 7% after the China-based tech conglomerate disclosed that it would spend at least 380 billion ...
The US tech behemoth signals a strategic pivot with cancelled data center contracts while the Chinese tech giant's shares ...
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