Alibaba, AI

Alibaba commits to spending $53 billion on AI
The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.
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 Commits to AGI, Making AI “The World’s Largest Industry”
Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.
Alibaba to spend $53B on AI infrastructure by 2028
Alibaba Group Holding Ltd has announced a massive investment of $53 billion in artificial intelligence (AI) infrastructure, including data centers, in the next three years. The move highlights the e-commerce giant's ambition to become a global leader in AI technology.
Alibaba plans to spend $53bn on AI in a major pivot
Alibaba has gained more than $100 billion of market value in 2025, though it’s still far from its pre-crackdown peak.
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 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 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 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 Group Holding will invest at least 380 billion yuan (US$52.4 billion) in its cloud computing and artificial intelligence (AI) infrastructure over the next three years,
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
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 ...
Alibaba Joins Global AI Race With $53 Billion Investment
Alibaba Group Holding Ltd. has announced an ambitious plan to invest over 380 billion yuan ($53 billion) in AI infrastructure over the next three years. Alibaba joins global AI race by investing $53 ...
Bill Gates' Concerns, Nvidia' Leap In Genetic Research, Elon Musk's Grok Beats OpenAI's ChatGPT, And More: This Week In AI
The week was abuzz with news from the tech world, with AI in the spotlight. Bill Gates warned of challenges for future ...
Alibaba joins global AI race, commits to $53 billion investment over 3 yrs
Chinese e-commerce giant Alibaba Group will focus on expanding data centres and computing capabilities to support the next ...
Alibaba's CEO says AGI is 'primary objective' of group's AI strategy
CEO said the pursuit of artificial general intelligence is the company's primary objective when it comes to their AI strategy ...
Why Alibaba Group Holding Ltd. (BABA) Surged On Friday?
We recently published a list of Five Chinese Firms Dominate Friday’s Top 10 Gainers. In this article, we are going to take a ...
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Alibaba’s sales grow fastest since 2023 as comeback signs mount
Hangzhou: Alibaba Group Holding posted its fastest pace of revenue growth in more than a year, reflecting a turnaround in its ...
What Wall Street experts are saying about Alibaba ahead of earnings
Alibaba Group (BABA) is scheduled to report results of its fiscal third quarter of FY24 before the U.S. market opens on Thursday, February 20, ...