Alibaba to invest more than $52 billion in AI over next 3 years
ReutersFeb 24, 2025 1:59 AM
Feb 24 (Reuters) - Alibaba 9988.HK said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the next three years.
($1 = 7.2470 Chinese yuan renminbi)
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