China's Alibaba to invest €50 billion in AI and cloud computing

Alibaba announced on Monday that it will invest €50 billion in artificial intelligence (AI) and cloud computing, just days after a high-profile meeting between its founder, Jack Ma, and President Xi Jinping.

Feb 24, 2025 - 11:56
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China's Alibaba to invest €50 billion in AI and cloud computing
Alibaba announced on Monday that it will invest €50 billion in artificial intelligence (AI) and cloud computing, just days after a high-profile meeting between its founder, Jack Ma, and President Xi Jinping.