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862 Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate

Firstpost Tech
Firstpost @ Firstpost Tech · 02/24/2025 01:01 EDT

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate

Alibaba's cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in the last quarter. AI-related product revenue has surged for six consecutive quarters, recording triple-digit growth

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