Alibaba’s US$52 billion capex seen as catalyst for China’s Big Tech in AI race – Go Health Pro
Alibaba Group Holding is spearheading China’s Big Tech sector in the race for global leadership in artificial intelligence (AI) technology and infrastructure with its spending plan, competing with US giants like Apple and Microsoft for first-mover advantage, analysts said. The e-commerce leader’s 380 billion yuan (US$52.4 billion) capital expenditure for computing resources and AI infrastructure … Read more
