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AI, Alibaba Group and 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.

Cloud Giant Alibaba Invests $53B In AI Infrastructure As Stock Surges

Alibaba Cloud invests $53 billion in artificial intelligence to drive AI infrastructure, cloud computing and LLMs as Alibaba Group ADR stock increases.

Hosted on MSN · 3d

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.

Alibaba makes Sora-style video models open source

Alibaba makes AI model for video, image generation publicly available

Chinese e-commerce leader Alibaba said on Wednesday its video- and image-generating artificial intelligence model Wan 2.1 is now publicly available - or open source - in a move likely to increase its uptake and intensify competition in AI.

Alibaba makes Sora-style video models open source, as tech giant shows AI capabilities

Alibaba Group Holding will open source four Sora-style video-generation models, in the latest effort by the Chinese tech giant to promote its artificial intelligence (AI) technologies to developers. Alibaba Cloud,

U.S. News & World Report · 1d

Alibaba to Release Open-Source Version of Video-Generating AI Model

Alibaba will release an open-source version of its video and image-generating AI model, Wan 2.1, the Chinese tech giant said in a post on X on Tuesday. The company will hold a live press conference for the official release at 11:00 pm Beijing Time (1500 GMT),

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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 ...

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Alibaba's AI-Powered Turnaround

Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...

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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.

Tuko on MSN2d

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 ...

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Alibaba to ramp up AI, cloud computing investments as quarterly profit surges 239%

Chinese e-commerce giant Alibaba Group Holding saw profit surge 239 per cent cent in the December quarter to beat analysts' ...

Network World1d

Alibaba to invest $52 billion in AI and cloud over three years

The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its ...

Digital information world1d

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.

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Alibaba is going all in on developing AI that can reason like a human being

Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...

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