Alibaba, cloud computing

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 announces investment in AI, cloud computing
Chinese tech giant Alibaba said on Monday it will invest more than 380 billion yuan (US$52.4 billion) on artificial intelligence and cloud computing
Alibaba accelerates cloud and AI growth with $52.4b investment
Wu Yongming, CEO of Alibaba Group, said the investment exceeds the company's total AI and cloud spending of the past decade, underscoring its focus on an AI-driven growth strategy. With this investment, Alibaba is scaling up its AI capabilities and cloud infrastructure to support the next wave of technological advancements.
China’s Alibaba to invest $50b 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 with President Xi Jinping.
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,
Google Announces Quantum-Safe Digital Signatures in Cloud KMS, Takes “Post-Quantum Computing Risks Seriously”
This news about Google Cloud Key Management Service is part of the tech giant’s post-quantum computing strategy.
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Alibaba commits US$53 billion for AI infrastructure in largest private computing project
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
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