{"id":42209,"date":"2025-02-25T20:23:47","date_gmt":"2025-02-25T20:23:47","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/alibaba-to-invest-52-4b-in-ai-infrastructure-over-3-years"},"modified":"2025-03-16T23:13:20","modified_gmt":"2025-03-16T23:13:20","slug":"alibaba-to-invest-52-4b-in-ai-infrastructure-over-3-years","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/alibaba-to-invest-52-4b-in-ai-infrastructure-over-3-years","title":{"rendered":"Alibaba to invest $52.4B in AI infrastructure over 3 years"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Eritrea. <\/strong><\/span>Chinese tech giant Alibaba announced on Monday its plan to invest over $52.4 billion in artificial intelligence (AI) infrastructure and cloud computing over the next three years, according to Chinese state media.<\/p>\n<p>Alibaba Group CEO Wu Yongming said the investment exceeds the company\u2019s total AI and cloud spending over the past decade, emphasizing its AI-driven growth strategy.<\/p>\n<p>The investment underscores Alibaba\u2019s commitment to integrating AI with cloud infrastructure to drive further expansion.<\/p>\n<p>The announcement follows Alibaba\u2019s report of a 13% year-on-year increase in revenue from cloud-related services last October-December. Notably, revenue from AI-related products has grown at a triple-digit rate for six consecutive quarters.<\/p>\n<p>Alibaba\u2019s move also comes a week after its founder, Jack Ma, attended a meeting of tech leaders and entrepreneurs with Chinese President Xi Jinping.<\/p>\n<p>During the meeting, Xi encouraged business leaders to maximize their potential, according to an official statement.<\/p>\n<p>Highlighting the private sector\u2019s &#8220;bright prospects and vast potential,&#8221; Xi said: \u201cIt\u2019s the right time for private enterprises and entrepreneurs to give full play to their potential.\u201d<\/p>\n<p>He also stressed the importance of fostering the private sector\u2019s healthy, high-quality development.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Eritrea<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Eritrea. Chinese tech giant Alibaba announced on Monday its plan to invest over $52.4 billion in artificial intelligence (AI) infrastructure and cloud computing over the next three years, according to Chinese state media. Alibaba Group CEO Wu Yongming said the investment exceeds the company\u2019s total AI and cloud spending over the past decade, [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":42208,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[1752,392,171,6551,233],"class_list":["post-42209","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-alibaba","tag-artificial-intelligence","tag-china","tag-cloud-computing","tag-eritrea"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Alibaba to invest $52.4B in AI infrastructure over 3 years - Eritrea<\/title>\n<meta name=\"description\" content=\"Chinese tech giant Alibaba announced on Monday its plan to invest over $52.4 billion in artificial intelligence (AI) inf ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/alibaba-to-invest-52-4b-in-ai-infrastructure-over-3-years\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Alibaba to invest $52.4B in AI infrastructure over 3 years\" \/>\n<meta property=\"og:description\" content=\"Chinese tech giant Alibaba announced on Monday its plan to invest over $52.4 billion in artificial intelligence (AI) inf ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/alibaba-to-invest-52-4b-in-ai-infrastructure-over-3-years\" \/>\n<meta property=\"og:site_name\" content=\"Eritrea\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-25T20:23:47+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-16T23:13:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2025\/02\/sm_1740504502.24901.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/alibaba-to-invest-52-4b-in-ai-infrastructure-over-3-years#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/alibaba-to-invest-52-4b-in-ai-infrastructure-over-3-years\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Alibaba to invest $52.4B in AI infrastructure over 3 years\",\"datePublished\":\"2025-02-25T20:23:47+00:00\",\"dateModified\":\"2025-03-16T23:13:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/alibaba-to-invest-52-4b-in-ai-infrastructure-over-3-years\"},\"wordCount\":210,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/alibaba-to-invest-52-4b-in-ai-infrastructure-over-3-years#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2025\/02\/sm_1740504502.24901.jpg\",\"keywords\":[\"alibaba\",\"artificial intelligence\",\"CHINA\",\"cloud computing\",\"Eritrea\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/alibaba-to-invest-52-4b-in-ai-infrastructure-over-3-years#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/alibaba-to-invest-52-4b-in-ai-infrastructure-over-3-years\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/alibaba-to-invest-52-4b-in-ai-infrastructure-over-3-years\",\"name\":\"Alibaba to invest $52.4B in AI infrastructure over 3 years - 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