Alibaba Ramps Up AI Spending in Pursuit of AGI
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Alibaba plans to significantly increase its investment in artificial intelligence over the next three years, aiming to achieve artificial general intelligence (AGI). This marks a substantial increase compared to its AI spending over the past decade.
February 20, 2025 | 9:00 pm
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Alibaba is set to increase its AI investment significantly over the next three years, focusing on achieving AGI. This could enhance its technological capabilities and market position.
Alibaba's announcement to increase AI spending indicates a strategic focus on technological advancement, which could lead to improved products and services. This is likely to positively impact its stock price as investors may view this as a commitment to future growth and innovation.
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