Alibaba to invest 53 billion USD in cloud, AI infrastructure in next 3 years

UN aid chief to arrive in Myanmar on Friday * Mexico will not go tit-for-tat on tariffs with US, Sheinbaum says * Singapore disappointed with 10% tariffs, will seek negotiation with the US: trade minister * Switzerland flags importance of international law after tariff hit * Cambodia to Present Key Arguments in Response to the US 49% Tariff Hike: MoC Spokesperson * The world in brief - 4 Apr 2025 * Cambodia Earns Nearly $19M from Angkor, Koh Ker, and Chong Khneas Ticket Sales in First Three Months of 2025 * US bans government personnel in China from romantic or sexual relations with Chinese citizens

: Created: 24 February 2025; Hits: 698

HANGZHOU, Feb. 24 (Xinhua) -- Alibaba announced on Monday that it will invest more than 380 billion yuan (about 53 billion U.S. dollars) in building cloud and AI hardware infrastructure in the next three years.

Photo from Pandaily