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AI, Alibaba Group and Cloud

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.

The Wall Street Journal on MSN · 1d

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.

2hon MSN

Alibaba Group Holding Limited (BABA) Surges as JPMorgan Ups Price Target, Cites AI & Cloud Growth

We recently published a list of 12 AI Updates Worth Taking a Look At. In this article, we are going to take a look at where ...

23hon MSN

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.

5d

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' ...

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