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Alibaba to aggressively increase investment in AI

Summary by Ecns

Chinese tech giant Alibaba Group Holding Ltd said it will scale up investments in artificial intelligence over the next three years, including infrastructure for AI and cloud computing, and AI foundation models and native applications.

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Alibaba to aggressively increase investment in AI

Chinese tech giant Alibaba Group Holding Ltd said it will scale up investments in artificial intelligence over the next three years, including infrastructure for AI and cloud computing, and AI foundation models and native applications.

12 hours ago·China

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Alibaba's Hong Kong-listed shares jumped 14.6% on February 21 after CEO Eddie Wu said it would invest “aggressively” in AI; Alibaba's HK stock is up 70.36% YTD

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13 hours ago·California, United States

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Techmeme broke the news in California, United States 13 hours ago on Saturday, February 22, 2025.

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