BABA
💰 Alibaba is committing over 380 billion yuan ($53 billion) to AI infrastructure over the next three years.
🚀 This investment aims to establish Alibaba as a leader in AI technology and cloud computing.
🌐 The company plans to expand its AI network and cloud computing capabilities to support global businesses.
@bernardodegarcia:
“Alibaba is spending big on AI, committing to invest more than 380 billion yuan, about 53 billion dollars, in AI infrastructure such as data centers over the next three years, a major commitment that underscores the ambitions of the e-commerce pioneer to become an AI leader. The internet company founded by Jack Ma plans to spend more on its AI network and cloud computing than it has spent in the last decade, aiming to become a key partner for companies that develop and apply AI in the real world.”
Watch the exact part of the video where Bernardo Garcia talks about Alibaba here:
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