business

Alibaba to Spend $53 Billion on AI Infrastructure in Big Pivot - Bloomberg

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 artificia…

Source:Bloomberg
Published:
Alibaba to Spend $53 Billion on AI Infrastructure in Big Pivot - Bloomberg
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-co… [+412 chars]

Related News