Alibaba invests $ 53 billion in artificial intelligence and cloud technologies

The general director of the Chinese giant of IT, Eddie Wu, called to the technology AI “an opportunity that is only given to a generation.” According to him, investments will go to both Alibaba products and the development of neural networks for other companies.

Income article. The cloud services have become the main driver of the growth of earnings for Alibaba, and the demand of the neuronal network is growing rapidly, said the main manager. According to him, the income of the Cloud Intelligence Group unity increased by 11% compared to last year. The income of the products associated with AI shows the three -digit growth of the sixth consecutive quarter.

Growth forecast. Alibaba expects artificial intelligence to play an increasing role in several business areas, including electronic commerce, corporate services and consumer applications. The company plans to integrate AI in its ecosystem to improve customer interaction and optimize commercial processes.

• At the end of January 2025, the company launched an artificial intelligence model QWEN 2.5-MAX. According to the company, it exceeds the latest Openai, Deepseek and Meta*models.

• Alibaba also joined Apple to create AI functions for iPhone users in China. Companies have already submitted AI developed jointly for approval by the Chinese Cyberspace Regulator, the sources of information claimed.

*Meta is recognized as an extremist organization in Russia, its activities are prohibited.