Chinese billionaire Jack Ma’s Alibaba is going all in on artificial intelligence, by announcing a $53 billion investment over the next three years to bulk up its AI infrastructure—including massive data centers.
The move marks a major shift for the Chinese e-commerce giant, which is doubling down on AI to compete with the likes of Microsoft, Meta, and OpenAI.
Eddie Wu, Alibaba’s chief executive, recently stated that the company’s primary focus is now on Artificial General Intelligence a vision of AI that can reason and learn in a way that mimics human cognition.
Chinese billionaire Jack Ma’s Alibaba is going all in on artificial intelligence, by announcing a $53 billion investment over the next three years to bulk up its AI infrastructure—including massive data centers.
The move marks a major shift for the Chinese e-commerce giant, which is doubling down on AI to compete with the likes of Microsoft, Meta, and OpenAI.
Eddie Wu, Alibaba’s chief executive, recently stated that the company’s primary focus is now on Artificial General Intelligence a vision of AI that can reason and learn in a way that mimics human cognition.