(Bloomberg) — Alibaba Group Holding Ltd. (BABA) has pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data centers over the next three years, a major commitment that underscores the e-commerce pioneer’s ambitions of becoming a leader in artificial intelligence.
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The internet company co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade. Alibaba envisions becoming…
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https://finance.yahoo.com/news/alibaba-spend-53-billion-ai-022846544.html
