Alibaba Plans to Spend $53 Billion on AI in a Major Pivot
- Posted on February 24, 2025
- By Bing News
- 1 Views
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.
