Alibaba Group is making a significant commitment to artificial intelligence (AI) with plans to invest over $53 billion in AI infrastructure, including data centers, over the next three years. This major investment aims to establish the e-commerce firm as a leader in AI and enable it to become a key partner for companies developing and applying AI to real-world applications.
The company’s co-founder, Jack Ma, has envisioned Alibaba taking on a more prominent role in the growing demand for AI computing power, as models increasingly require more processing capabilities. This significant investment is expected to propel Alibaba forward in its ambitions to become a major player in the AI market.
Source: https://www.bloomberg.com/news/articles/2025-02-24/alibaba-to-spend-53-billion-on-ai-infrastructure-in-big-pivot