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Alibaba, AI and Cloud

Alibaba Plans to Spend $53 Billion on AI in a Major Pivot

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 artificial intelligence.

The Wall Street Journal 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.

Euronews · 1d

Alibaba Group announces multi-billion dollar AI and cloud investment

Alibaba Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial intelligence across several of its divisions such as e-commerce and consumer applications.

AI, Alibaba and Image Generation

Reuters on MSN · 3h

Alibaba makes AI model for video, image generation publicly available

BEIJING (Reuters) -Chinese e-commerce leader Alibaba said on Wednesday its video- and image-generating artificial intelligence model Wan 2.1 is now publicly available - or open source - in a move likely to increase its uptake and intensify competition in AI.

U.S. News & World Report · 21h

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),

EconoTimes · 1h

Alibaba Open-Sources AI Model Wan 2.1 to Boost Competition in Video & Image Generation

Alibaba (NYSE:BABA) has officially open-sourced its video- and image-generating AI model, Wan 2.1, intensifying competition in the AI landscape. This move follows a similar release from DeepSeek, a startup that

16mon MSN

Alibaba’s US$52 billion capex seen as catalyst for China’s Big Tech in AI race

Global tech giants are eyeing the first-mover advantages in the initial stage of artificial intelligence development, Everbright Securities says.

Alibaba's AI-Powered Turnaround

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

17h

Alibaba unveils new AI model to take on OpenAI's ChatGPT, Deepseek's R1

Alibaba's QwQ-Max-Preview is designed to replicate human-like thinking, decision-making, and problem-solving. The company ...

CRN1d

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 ...

Alibaba To Invest A Massive $53 Billion In AI Infrastructure, Taking On Trump's Stargate AI Plan

Alibaba Group Holding Ltd. (NYSE: BABA) has announced an investment of 380 billion yuan ($53 billion) for its cloud computing ...

Apple will use Alibaba AI tech in iPhones

Apple Inc.'s iPhones will use Alibaba Group Holding Ltd.'s AI technology, the Chinese firm's chairman said, affirming reports ...

devdiscourse3h

AI Momentum Fuels China and Hong Kong Stock Rebound

China and Hong Kong stock markets surged on a renewed push for AI innovation, with major financials experiencing gains. The ...

DeepSeek reopens AI model access as China rivalry heats up

DeepSeek has reopened access to its core programming interface after nearly a three-week suspension, resuming a service key to wider adoption of an AI model that's proven remarkably popular since its ...

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