Alibaba, cloud computing

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.
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'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

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The Unsung Mechanics: How AI And Cloud Integration Drive The Engine Of Sustainability
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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, ...
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Lite-On Technology sets for robust growth in 2025, driven by AI chips and expanding core businesses
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Where to Invest? 2 AI Stocks to Consider in the Quantum Computing Boom
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
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 ...