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Alibaba Unveils RMB 380 Billion Investment in Cloud and AI Hardware Infrastructure
2025-02-24 /
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Author：小编
Alibaba Group CEO Wu Yongming has announced a significant investment of over RMB 380 billion in cloud and AI hardware infrastructure over the next three years. This figure surpasses the total investment made in the past decade, establishing a new benchmark for private enterprise investment in this sector in China. Wu Yongming emphasized that the rapid growth of AI has exceeded all expectations, highlighting the immense potential of the domestic technology industry. To capitalize on this potential, Alibaba aims to expedite the development of cloud and AI hardware infrastructure, thereby fostering the growth of the entire industry ecosystem.
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