Alibaba Plans to Invest $52B in AI, Cloud Over Next 3 Years
Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
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 Group has planned to enter into the global AI race by investing more than 380 billion yuan in artificial intelligence ...
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Alibaba Group Holding Ltd has announced a massive investment of $53 billion in artificial intelligence (AI) infrastructure, ...
Alibaba to invest over $52 billion in AI, cloud infrastructure over next three years. Prosus to acquire Just Eat Takeaway for ...
Apple Inc.'s iPhones will use Alibaba Group Holding Ltd.'s AI technology, the Chinese firm's chairman said, affirming reports ...
For the three months ended Dec. 31, the Chinese tech giant's revenue jumped 8 percent year-over-year to 280.1 billion ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results