Alibaba Group plans to invest more than 380 billion yuan in AI and cloud hardware infrastructure over the next three years 🤖. According to Alibaba CEO Wu Yongming, this investment exceeds the total amount spent in the past decade, demonstrating the company's commitment to advancing its technological capabilities 💻. This investment aims to boost the development of AI and cloud in the enterprise, which could have a significant impact on the technology sector 🚀.
Investment Analysis
Alibaba will invest more than 380 billion yuan in AI and cloud infrastructure.
The investment exceeds the total amount spent in the past decade.
The goal is to boost the development of AI and cloud in the enterprise.
