AI, Alibaba and cloud infrastructure

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 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 Group to invest more in cloud and AI infrastructure in next three years than past decade
Alibaba Group is planning to spend more money on building out cloud and AI infrastructure over the next three years than it has in the past decade. Speaking during the company's Fiscal Year 2025 Q3 earnings call, CEO Eddie Wu noted that the company was planning to scale up its investments as part of its AI strategy.
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.
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.
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Chinese Giant Alibaba to Invest Over $52 Billion in AI Over the Next Three Years
Alibaba Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...
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.
Alibaba Posts Fastest Revenue Growth Since 2023
The e-commerce company posted a better-than-expected 7.6% rise in revenue as it worked to put growth back on track amid ...
Alibaba Group Holding Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next
Shareholders of Alibaba Group Holding Limited ( NYSE:BABA ) will be pleased this week, given that the stock price is ...
Channel NewsAsia Singapore15m
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 ...
Alibaba Group EPS Rises, Cash Flow Dips
The latest earnings report from Alibaba Group highlights resilience in key segments, led by cloud and international commerce ...
Alibaba's strong year-end sales help to drive revenue rebound
Alibaba on Thursday reported third-quarter revenues just above analysts' estimates on strong year-end sales, showing that the ...
Alibaba Group Holding Ltd (HKSE:09988) Q3 2025 Earnings Report Preview: What To Look For
Alibaba Group Holding Ltd (HKSE:09988) is set to release its Q3 2025 earnings on Feb 20, 2025. The consensus estimate for Q3 ...
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 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 ...