Alibaba is reportedly planning to spend even more on AI in the next three years than the $53 billion it said previously, marking the latest announcement by a large tech firm to spend big on the technology.
China’s top tech firm is spending even more than it originally planned on AI, turning up the heat on U.S. chip giants like Nvidia (NVDA) in the race to dominate the technology.
Alibaba Group Holdings (BABA) CEO Eddie Wu reportedly said Wednesday that… [1368 chars]
Source: Investopedia | Published: 2025-09-24T12:42:54Z
Credit: Investopedia
