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Alibaba, AI and Cloud

Hosted on MSN · 2d

Alibaba to Spend More Than $52 Billion in AI, Cloud Over Next Three Years

The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure.

Alibaba’s Massive $52B+ Bet on AI and Cloud Infrastructure

Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.

Alibaba to invest more than $52 billion in AI over next 3 years

Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade.

Alibaba makes Sora-style video models open source

U.S. News & World Report · 1d

Alibaba to Release Open-Source Version of Video-Generating AI Model

Alibaba will release an open-source version of its video and image-generating AI model, Wan 2.1, the Chinese tech giant said in a post on X on Tuesday. The company will hold a live press conference for the official release at 11:00 pm Beijing Time (1500 GMT),

Business Insider · 18h

Alibaba (BABA) Opens Wan 2.1 AI Model to the Public

Alibaba (BABA) has opened its Wan 2.1 AI model, which generates images and videos, to the public. The Wan 2.1 series was launched earlier this

Alibaba makes Sora-style video models open source, as tech giant shows AI capabilities

Alibaba Group Holding will open source four Sora-style video-generation models, in the latest effort by the Chinese tech giant to promote its artificial intelligence (AI) technologies to developers. Alibaba Cloud,

Cloud Giant Alibaba Invests $53B In AI Infrastructure As Stock Surges

Alibaba Cloud invests $53 billion in artificial intelligence to drive AI infrastructure, cloud computing and LLMs as Alibaba ...

2d

Alibaba's AI-Powered Turnaround

Improvements in E-Commerce Business Although China’s retail market has been mixed in recent quarters due to uncertain ...

2d

Wall Street Breakfast Podcast: Alibaba Bets $52B On AI, Cloud

Alibaba to invest over $52 billion in AI, cloud infrastructure over next three years. Prosus to acquire Just Eat Takeaway for ...

2don MSN

Alibaba is going all in on developing AI that can reason like a human being

Alibaba shares are up 70% this year to date on the boost from DeepSeek and its AI partnership with Apple for iPhones in China ...

2don MSN

Alibaba commits US$53 billion for AI infrastructure in largest private computing project

The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.

2don MSN

Alibaba Stock Falls. Why a $52 Billion AI Spending Pledge Is Rattling Investors.

Shares have soared this year, but the online retailer's plans for an AI spending spree haven’t gone down so well.

Hosted on MSN5d

Alibaba Group Stock Soars On Q3 Earnings Beat, Cloud Computing Gains: Retail Stays Bullish

U.S.-listed shares of Alibaba Group Holding (BABA) rose more than 8% on Thursday and were climbing in after-hours trading ...

6d

Alibaba’s $120 Billion Rally May Have Room To Grow On AI Optimism

Chinese e-commerce giant Alibaba highlighted its AI ambitions as it reported strong results for its third quarter, fueling ...

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