Alibaba plans to invest over $52 billion in cloud computing and AI infrastructure over the next three years.
The Chinese e-commerce company wants to invest at least $52.44 billion (380 billion yuan) in artificial intelligence, saying it is its largest investment in the past decade in these areas.
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The company started out in 2025 as a winner in China's AI race. It's been attracting investors with strategic business deals, and its stock has risen more than 68% this year.
Alibaba's investments in AI and cloud infrastructure exceeded Citi analysts' forecasts, which called for spending of 350 billion yuan from the fourth quarter of 2025 to the end of fiscal year 2028.
The new investments underscore the company’s commitment to advancing technology and maintaining a competitive edge in the rapidly growing cloud computing and artificial intelligence market. The company seeks to expand service offerings and improve efficiency for businesses that rely on its platform.
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This move not only reflects the growing demand for cloud-based solutions, but also aligns with the global trend towards digital transformation across industries.
Other Chinese companies are also investing in the AI sector. ByteDance, the owner of the popular TikTok, also said to be planning to invest over $20 billion this year. Much of the spending will be focused on AI.
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In general, major Chinese technology companies have stepped up efforts to boost AI business development, as domestic startup DeepSeek has gained global attention.
Source:finance.yahoo.com
