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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.

Stocktwits on MSN4d

Alibaba Group Stock Soars On Q3 Earnings Beat, Cloud Computing Gains: Retail Stays Bullish

U.S.-listed shares of Alibaba Group Holding (BABA) rose more than 8% on Thursday and were climbing in after-hours trading ...

4d

Alibaba Group EPS Rises, Cash Flow Dips

The latest earnings report from Alibaba Group highlights resilience in key segments, led by cloud and international commerce ...

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.

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