Category: Computing Infrastructure
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Alibaba Announces Record-Breaking $52 Billion Investment in Cloud and AI Infrastructure
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Alibaba Group has unveiled an unprecedented investment plan, committing 380 billion yuan ($52 billion) over the next three years to build cloud computing and artificial intelligence infrastructure. This investment surpasses…
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Major Banks Raise Alibaba’s Target Price Amid AI-Driven Growth
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Multiple leading investment banks have significantly raised their target prices for Alibaba Group, reflecting growing confidence in the company’s AI and cloud computing strategy. Goldman Sachs has increased its 12-month…