Wednesday, April 2, 2025
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Alibaba Cloud

Alibaba to pour US$53 billion into AI infrastructure in bet on future growth

Alibaba Group Holding will invest at least 380 billion yuan (US$52.4 billion) in its cloud computing and artificial intelligence (AI) infrastructure over the next...

Tencent Cloud Commits $500 Million for Infrastructure Development in Indonesia by 2030

GoTo Group, Tencent Holdings (TCEHY, Financials), and Alibaba's (BABA, Financials) Cloud division have signed agreements to strengthen cloud infrastructure and...

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