Alibaba Cloud invests $53 billion in artificial intelligence to drive AI infrastructure, cloud computing and LLMs as Alibaba Group ADR stock increases.

Like its U.S. counterparts, Alibaba is going all-in on generative AI. Its cloud computing business saw an 11 percent year-over-year increase in revenue in December 2024. AI-related product sales have experienced triple-digit growth for the sixth consecutive quarter, signaling strong enterprise demand for AI-powered solutions.

The group said its Alibaba Cloud unit has recorded triple-digit AI-related product revenue growth for six consecutive quarters.

U.S.-listed shares of Alibaba Group Holding (BABA) rose more than 8% on Thursday and were climbing in after-hours trading after the Chinese e-commerce giant posted quarterly results, with retail sentiment staying bullish.

Alibaba Group plans to invest more than $52 billion on AI and cloud ... The spending of at least 380 billion yuan, equivalent to $52.41 billion, will surpass the company’s AI and cloud computing investment over the past decade, Alibaba said in a post ...

Alibaba Group has highlighted that it has been focusing more on these two sectors lately, with plans to integrate artificial intelligence across several of its divisions such as e-commerce and consumer applications.

U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese tech giant announced plans to invest more than $52 billion in artificial intelligence and cloud infrastructure over the next three years.

Beyond its home turf, Alibaba is expanding its international e-commerce businesses to diversify away from its reliance on its home market. This segment has been growing rapidly lately, with revenue up by 32% year over year in the latest quarter. In other words, Alibaba is making solid strides in rejuvenating the growth of its e-commerce businesses.

The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.

The latest earnings report from Alibaba Group highlights resilience in key segments, led by cloud and international commerce growth.

Alibaba Group Holding's cloud computing arm has introduced its updated artificial intelligence (AI) model, Animate Anyone 2, which the company touts as simplifying the animation of lifelike characters with just a static image and one video cue.