Alibaba to invest more than $52 billion in AI over next 3 years
FILE PHOTO: Alibaba group logo is seen in this illustration taken, February 11, 2025. REUTERS/Dado Ruvic/Illustration/File Photo
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.
($1 = 7.2470 Chinese yuan renminbi)
Source: Reuters
