Alibaba Announces $53 Billion Investment in AI and Cloud Infrastructure

The Chinese tech giant plans to outpace its past decade's spending to solidify its position in artificial intelligence and cloud computing over the next three years.

Alibaba will allocate 380 billion yuan ($53 billion) to AI and cloud computing infrastructure, marking its largest-ever investment in these areas.
The company aims to advance artificial general intelligence (AGI) and expand its role as a leading global cloud provider.
This investment exceeds Alibaba's total AI and cloud spending over the past decade and represents the largest private computing project in China.
The announcement follows Alibaba's recent quarterly revenue and profit growth, signaling a strategic pivot toward AI-driven growth after years of regulatory challenges.
Alibaba's move comes as Chinese and global tech firms race to lead AI innovation, with the company positioning itself as a key partner for AI applications across industries.

South China Morning Post