Alibaba, AI

Alibaba Plans to Spend $53 Billion on AI in a Major Pivot
Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data centers over the next three years, a major commitment that underscores the e-commerce pioneer’s ambitions of becoming a leader in artificial intelligence.
Alibaba commits to spending $53 billion on AI
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 to invest more than $52 billion in AI over next 3 years
Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.
Alibaba’s stock falls on expensive AI-investment pledge
Alibaba Group Holding Ltd.’s U.S.-listed stock fell 2.7% in premarket trading 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 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
Alibaba to invest over $52 billion in AI and cloud infrastructure over next three years
Chinese tech company Alibaba (NYSE:BABA) on Monday unveiled plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the next three years.
Alibaba Stock Falls. Why a $52 Billion AI Spending Pledge Is Rattling Investors.
Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.
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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 ...
Alibaba's AI-Powered Turnaround
Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...
Alibaba Group announces multi-billion dollar AI and cloud investment
Alibaba Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial ...
Alibaba To Invest A Massive $53 Billion In AI Infrastructure, Taking On Trump's Stargate AI Plan
Alibaba Group Holding Ltd. (NYSE: BABA) has announced an investment of 380 billion yuan ($53 billion) for its cloud computing ...
Alibaba Joins Global AI Race With $53 Billion Investment
Alibaba Group Holding Ltd. has announced an ambitious plan to invest over 380 billion yuan ($53 billion) in AI infrastructure over the next three years. Alibaba joins global AI race by investing $53 ...
Jefferies Reaffirms Their Buy Rating on Alibaba Group Holding Ltd. (9988)
Jefferies analyst Thomas Chong maintained a Buy rating on Alibaba Group Holding Ltd. (9988 – Research Report) yesterday and set a price target ...
Alibaba Group (NYSE:BABA) Price Target Raised to $190.00
Alibaba Group (NYSE:BABA – Free Report) had its target price upped by Benchmark from $118.00 to $190.00 in a research note issued to investors on Friday morning,Benzinga reports. The brokerage ...
Alibaba Group Holding Ltd (HKSE:09988) Q3 2025 Earnings Report Preview: What To Look For
Alibaba Group Holding Ltd (HKSE:09988) is set to release its Q3 2025 earnings on Feb 20, 2025. The consensus estimate for Q3 ...
Alibaba and Other China Tech Stocks Tumble
Shares in U.S.-listed Chinese technology companies such as Alibaba, JD.com and Temu's parent company PDD fell sharply Monday. Alibaba recently stood about 9.5% lower, while PDD lost 8%. The pullback ...