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Alibaba to Invest RMB380 billion in AI and Cloud Infrastructure …
21 hours ago · Alibaba Group announced plans to invest at least RMB 380 billion ($53 billion) over the next three years to advance its cloud computing and AI infrastructure, reinforcing its commitment to long-term technological innovation. ... The investment, which exceeds Alibaba’s total AI and cloud spending over the past decade, underscores the company ...
Alibaba Group announces multi-billion dollar AI and cloud …
21 hours ago · Chinese e-commerce giant Alibaba Group has revealed it is investing $53 billion (€50.6bn) into cloud computing and artificial intelligence over the next three years. This would be one of the ...
Alibaba: Scale Up AI Investments in Three Areas Over the Next …
4 days ago · Alibaba Group reported earnings for the quarter ending December 31 on Thursday. Shortly afterward, Alibaba Group’s CEO, Eddie Wu, addressed investors and analysts on an earnings call. He mentioned “AI” more than 20 times and also revealed Alibaba will soon release a deep reasoning model built on Qwen2.5-Max.
Alibaba plans to spend $53 billion on AI in a major pivot
18 hours ago · (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 ...
Alibaba joins global AI race, commits to $53 billion investment …
15 hours ago · Chinese e-commerce giant Alibaba Group Holding Ltd on Monday announced an investment exceeding 380 billion yuan ($53 billion) into artificial intelligence (AI) infrastructure over the next three years. The move signals the company’s aim to cement itself as a leading player in the AI sector amid growing competition from global technology firms.
Alibaba to invest more than $52 billion in AI over next 3 years
19 hours ago · Feb 24 (Reuters) - Alibaba (9988.HK), opens new tab said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure ...
Alibaba Plans to Spend $53 Billion on AI in a Major Pivot - Bloomberg.com
18 hours ago · 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 ...
Alibaba Cloud Announced the Latest AI Models, Tools, and …
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has unveiled an expanded suite of large language models and AI development tools, upgraded infrastructure offerings, and new support programs for global developers at its annual developer summit today.
Alibaba Cloud Unveils New AI Model to Support Enterprises’ …
Beijing, China, April 11, 2023 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today unveiled its latest large language model, Tongyi Qianwen. The new AI model will be integrated across Alibaba’s various businesses to improve user experience in …
Alibaba Cloud Unveils New AI Models and Revamped Infrastructure for AI ...
Hangzhou, China, September 19, 2024 - Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today announced it has released over 100 of its newly-launched large language models, Qwen 2.5, to the global open-source community. This significant contribution was revealed at the Apsara Conference, its annual flagship event.