Alibaba, AI and Cloud

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.
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 was seen meeting President Xi Jinping.
Alibaba’s stock falls on expensive AI-investment pledge
Alibaba Group Holding Ltd.’s U.S.-listed stock fell more than 10% on Monday after the online retailer said it plans to spend about $53 billion over the next three years on its cloud computing and artificial-intelligence infrastructure.
Alibaba to invest more than $52 billion in AI over next 3 years
Alibaba said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the next three years. The Chinese e-commerce giant had said it had plans to invest in the sector while announcing its results on Friday,
Alibaba to invest $52 billion in AI and cloud over three years
The investment signals Alibaba’s ambition to compete with AWS, Microsoft Azure, and Google Cloud as it expands beyond its core e-commerce business.
Jack Ma-owned Chinese Alibaba pledges to invest more than USD 52 billion in AI over next three years
Alibaba Group Holding Ltd., co-founded by Chinese entrepreneur Jack Ma, on Monday pledged to invest US$52.4 billion in its cloud computing and artificial intelligence (AI) infrastructure over the next three years.
Chinese tech giant Alibaba announces enormous investment in AI
Chinese tech giant Alibaba announced on Monday that it will invest $50 billion into artificial intelligence and cloud technology over the next three years.
Cloud-AI Integration For Finance: Revolutionizing Financial Services With Intelligence And Scalability
While cloud computing and AI can provide notable benefits for the financial industry, there are key challenges of this ...
Microsoft workers protest sale of AI and cloud services to Israeli military
Five Microsoft employees were ejected from a meeting with the company's chief executive for protesting contracts to provide ...
Tech entrepreneur's new venture tackles constraints in AI, cloud computing
Orlando innovator Jason Eichenholz's latest venture, Relativity Networks, is changing the speed of light and transforming how ...
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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 ...
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AI, automation spur efforts to upskill network pros
Foundational networking skills remain important, but networking professionals must develop a more diverse set of technology ...
The Unsung Mechanics: How AI And Cloud Integration Drive The Engine Of Sustainability
The fast deployment of AI and cloud computing raises concerns about energy consumption and environmental impact.
Former Snowflake execs raise $5M for agentic AI that simplifies data operations
The Genesis agents were built on Snowflake’s Cortex AI, a suite of AI and machine learning features that enable organizations ...
Alset AI Completes Majority Acquisition of AI Cloud Computing Company Cedarcross Technologies
Strengthening AI Infrastructure Leadership Amidst Increasing Global Demand for High-Performance Computing NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, ...
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Packaged offerings promise to make AI infrastructure deployment easier
On-premises AI does offer some benefits. Companies can keep their data local, for example, or reduce lag by putting their ...
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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 ...
Where to Invest? 2 AI Stocks to Consider in the Quantum Computing Boom
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