ChinA.I.

🇨🇳 ChinA.I. 🤖🧠🦾🤖

In its 17th year, the Apsara Conference – held in Hangzhou, capital of eastern Zhejiang province, from September 24 to 26 – provided the stage for Alibaba Group Holding to show its sharpened focus on artificial intelligence development.

Alibaba CEO Eddie Wu Yongming, who also serves as chairman of AI and cloud services unit Alibaba Cloud, on Wednesday said the company would boost its capital spending on AI infrastructure over the next three years from the original 380 billion yuan (US$53 billion) programme announced in February. He did not disclose the additional budget.

That would be in line with efforts to turn Alibaba Cloud into “the world’s

https://www.scmp.com/tech/big-tech/article/3326624/alibaba-boost-ai-spending-china-tech-giant-sees-agi-new-start?utm_medium=email&utm_source=cm&utm_campaign=enlz-insidechinatech&utm_content=20250926&tpcc=enlz-insidechinatech&UUID=810ab81034dec15e3bb0ff25f2547918&tc=6

 #🇨🇳 ChinA.I. 🤖🧠🦾🤖

Alibaba to boost AI spending as China tech giant sees AGI as new start

In its 17th year, the Apsara Conference – held in Hangzhou, capital of eastern Zhejiang province, from September 24 to 26 – provided the stage for Alibaba Group Holding to show its sharpened focus on artificial intelligence development.  Alibaba CEO Eddie Wu Yongming, who also serves as chairman of AI and cloud services unit Alibaba Cloud, on Wednesday said the company would boost its capital spending on AI infrastructure over the next three years from the original 380 billion yuan (US$53 billion) programme announced in February. He did not disclose the additional budget.  That would be in line with efforts to turn Alibaba Cloud into “the world’s  https://www.scmp.com/tech/big-tech/article/3326624/alibaba-boost-ai-spending-china-tech-giant-sees-agi-new-start?utm_medium=email&utm_source=cm&utm_campaign=enlz-insidechinatech&utm_content=20250926&tpcc=enlz-insidechinatech&UUID=810ab81034dec15e3bb0ff25f2547918&tc=6   #🇨🇳 ChinA.I. 🤖🧠🦾🤖

Jerome Cody