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The investment amount is claimed to exceed Alibaba's spending in AI and cloud computing during the past decade.
Chinese billionaire Jack Ma’s Alibaba is going all in on artificial intelligence, by announcing a $53 billion investment over the ...
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 has gained more than $100 billion of market value in 2025, though it’s still far from its pre-crackdown peak.
The Chinese e-commerce giant announces a $53 billion investment in artificial intelligence and cloud computing over the next ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
China’s equity market is staging a major comeback, fuelled by a shift in investor sentiment driven by DeepSeek’s artificial ...
Alibaba bets big on AI. Chinese internet giant Alibaba plans to spend more than $50 billion on artificial intelligence and ...
Chinese tech giant Alibaba Group will invest more than 380 billion yuan (about $53 billion) in building cloud and hardware ...
Alibaba Group Holding Ltd. (NYSE: BABA) has announced an investment of 380 billion yuan ($53 billion) for its cloud computing ...