Alibaba To Invest A Massive $53 Billion In AI Infrastructure, Taking On Trump's Stargate AI Plan
Alibaba Group Holding Ltd. (NYSE: BABA) has announced an investment of 380 billion yuan ($53 billion) for its cloud computing and AI infrastructure, making it the largest private computing project to date.
The spending over the next three years is more than half the US$100 billion the US plans for its Stargate project.
Sunk cost fallacy? No, I just need a little more cash for this AGI thing I’ve been working on Comment Despite persistent ...
OpenAI has announced that Stargate, the massive AI infrastructure project recently unveiled by Trump, has broken ground in ...
A recent McKinsey report estimated that global data center capacity will more than triple by 2030, with annual growth rates ...
Despite AI's advantages, there are still technology issues, such as hallucinations, and human issues, such as trusting AI ...
Microsoft hasn’t backed off its plan for the current fiscal year but acknowledged that it may makes some infrastructure ...
Oracle Corporation (ORCL) has been a titan of the IT industry for some time now, but with AI becoming the buzzword on ...
The investment, which exceeds Alibaba’s total AI and cloud spending over the past decade, underscores the company’s focus on AI-driven growth and its role as a leading global cloud provider,' accordin ...
OpenAI's Sam Altman is already looking at how much the company would like to spend after the $500 billion Stargate project.
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