The Chinese internet giant plans to increase the costs of cloud computing and artificial intelligence more than the last decade. The company’s official blog says Alibaba’s increasingly more information processing AI models are trying to be a key partner for developers.
The decision on large -scale investments was made at the time when investors discussed whether the largest technological companies predicted the demand for future AI services. According to analysts, 30 billion Yuan exceeded the previous forecasts for the amount of investment announced.
Source: Ferra
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