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Alibaba Commits Over $52 Billion to AI and Cloud Infrastructure

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Alibaba Group has pledged to invest more than $52 billion in artificial intelligence and cloud infrastructure over the next three years. This investment surpasses the company’s total spending on AI and cloud over the past decade. The initiative aims to capitalize on opportunities in the AI era and includes the integration of Alibaba’s AI technology into Apple’s iPhones for the Chinese market.

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