China’s Alibaba to invest $50bn in AI, cloud computing
Firm says its strategy is aimed at “reinforcing Alibaba’s commitment to long-term technological innovation” Chinese tech giant Alibaba stated Monday it’ll spend more than $50 billion on artificial intelligence and cloud computing over the following 3 years, a week after co-founder Jack Mawas seen meeting President Xi Jinping. Since the beginning of the year, investors […]
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