
home All News open_in_new Full Article
Alibaba’s US$52 billion capex seen as catalyst for China’s Big Tech in AI race

Alibaba's US$52 billion investment in AI infrastructure is expected to catalyze China's Big Tech companies, including Tencent and ByteDance, to compete with US giants like Apple and Microsoft for leadership in AI. This investment, the largest by a private Chinese entity, aims to accelerate generative AI adoption and innovation in China, potentially giving it an upper hand in the global tech race.
today 2 w. ago attach_file Economics
attach_file
Politics
attach_file
Politics
attach_file
Science
attach_file
Politics
attach_file
Economics
ID: 534516614