Reported about 5 hours ago
Alibaba plans to invest over $53 billion in AI infrastructure over the next three years, aiming to become a leader in artificial intelligence. This strategic shift comes as the company seeks to recover from past government regulations and to enhance its partnerships in AI developments. Despite facing challenges due to US sanctions on tech supplies, Alibaba is optimistic about its future in the AI space, as demonstrated by its latest revenue growth and innovative projects.
Source: YAHOO