Alibaba’s Massive $52B+ Bet on AI and Cloud Infrastructure
Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.
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Here’s why they’re worth considering to deploy AI: 1. Cost Savings: Virtual desktops cut down on hardware expenses and ...
The company grew its distributed network to 41 locations in 36 cities globally last year and plans to add container services ...
UP to S$150 million will be set aside for a new Enterprise Compute Initiative to enable eligible enterprises to partner with ...
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