Alibaba, cloud computing

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’s Massive $52B+ Bet on AI and Cloud Infrastructure
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.
China's Alibaba to invest $50 bn in AI, cloud computing
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 seen meeting President Xi Jinping.
Alibaba to invest more than $52 billion in AI over next 3 years
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
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 over $52 billion in AI and cloud infrastructure over next three years
Chinese tech company Alibaba (NYSE:BABA) on Monday unveiled plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the next three years.

Microsoft Employees Protest Selling AI to Israel

Tech entrepreneur's new venture tackles constraints in AI, cloud computing
Orlando innovator Jason Eichenholz's latest venture, Relativity Networks, is changing the speed of light and transforming how ...
Nvidia CEO says AI models like DeepSeek's R1 need 100 times more compute
Nvidia faces more competition in inference compute ...
The Unsung Mechanics: How AI And Cloud Integration Drive The Engine Of Sustainability
The fast deployment of AI and cloud computing raises concerns about energy consumption and environmental impact.
Alset AI Completes Majority Acquisition of AI Cloud Computing Company Cedarcross Technologies
Strengthening AI Infrastructure Leadership Amidst Increasing Global Demand for High-Performance Computing NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, ...
Where to Invest? 2 AI Stocks to Consider in the Quantum Computing Boom
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Edera raises $15M to expand workload isolation technology and AI security
Workload isolation technology startup Edera Inc. announced today that it has raised $15 million in new funding to expand its ...
Cloud-AI Integration For Finance: Revolutionizing Financial Services With Intelligence And Scalability
While cloud computing and AI can provide notable benefits for the financial industry, there are key challenges of this ...
AI Cloud Firm CoreWeave Eyes Filing $4 Billion IPO Within a Week
Cloud computing provider CoreWeave is considering filing publicly for an initial public offering in the US within a week, according to people familiar with the situation.The company, one of the ...