Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data ...

The investment amount is claimed to exceed Alibaba's spending in AI and cloud computing during the past decade.

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 Cloud will become the most important AI infrastructure and one of the largest cloud computing networks for outputting ...

Chinese billionaire Jack Ma’s Alibaba is going all in on artificial intelligence, by announcing a $53 billion investment over the ...

Chinese tech giant Alibaba Group will invest more than 380 billion yuan (about $53 billion) in building cloud and hardware ...

Alibaba Group Holding Ltd has announced a massive investment of $53 billion in artificial intelligence (AI) infrastructure, ...

Alibaba, co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade.

HANGZHOU, Feb. 24 (Xinhua) -- Alibaba Group announced on Monday that it will invest more than 380 billion yuan (about 53 billion U.S. dollars) in building cloud and AI hardware infrastructure in the ...

China’s MSCI Index has surged 26.5% this year, driven by DeepSeek’s AI breakthroughs, while India’s stock market struggles ...