BAB

Alibaba CEO: Increase investment in three major AI areas in the next three years

ChainCatcher news, according to Jin10 reports, during the Q3 fiscal year 2025 earnings call, Alibaba Group CEO Wu Yongming stated that while continuing to focus on three major business types: domestic and international e-commerce, AI + cloud computing technology business, and internet platform products, Alibaba will increase investment in three areas centered around the AI strategic core over the next three years:First, investment in AI and cloud computing infrastructure construction. The AI era has a clear and enormous demand for infrastructure, and the investment in cloud and AI infrastructure over the next three years is expected to exceed the total of the past decade.Second, investment in AI foundational model platforms and AI-native applications. AI foundational large models are of great significance for the transformation of industry productivity. Alibaba will significantly increase R&D investment in AI foundational models to ensure technological advancement and industry leadership, and promote the development of AI-native applications.Third, investment in the AI transformation and upgrading of existing businesses. For e-commerce and other internet platform businesses, the upgrade of AI technology will bring tremendous opportunities for enhancing user value. Therefore, Alibaba will continue to increase R&D investment in AI applications and computing power, using AI to deeply transform and upgrade various businesses, seizing new development opportunities in the AI era.
2025-02-20
ChainCatcher Building the Web3 world with innovators