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Alibaba chairman warns of AI data center construction bubble: What he said

Alibaba Group Holding Ltd. Chairman Joe Tsai warned of a potential bubble forming in data center construction.

Alibaba group logo is seen in this illustration taken, February 11, 2025.(Dado Ruvic/Reuters)
Published on Mar 25, 2025 03:02 PM IST
Bloomberg |

Alibaba plans to invest $53 billion on AI infrastructure over next three years

Alibaba, co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade.

Alibaba Group sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China. (Reuters)
Published on Feb 24, 2025 11:19 AM IST
Bloomberg |

Apple's iPhones will use AI from Alibaba for Chinese market: Report

Apple's iPhones in China will utilise Alibaba's AI technology due to local regulations.

Joseph Tsai, chairman of Alibaba Group Holding Ltd., during the Asia Financial Forum in Hong Kong, China, on Tuesday, Jan. 14, 2025. The forum runs through Jan. 14.(Lam Yik/Bloomberg)
Published on Feb 13, 2025 04:04 PM IST

SoftBank CEO inflates AI bubble; He once threatened to set himself on fire for…

Masayoshi Son is a man of extremes with his $20 million bet on Alibaba becoming the most successful of all time when it grew to over $70 billion after a decade

So unusual is Masayoshi Son — known as “Masa” — that he is now the subject of two books, one by former Financial Times editor Lionel Barber and another by Alok Sama, a former president of Son’s telecommunications and technology giant Softbank Group International(Reuters)
Updated on Oct 27, 2024 01:09 PM IST
Bloomberg |

Alibaba to hire 2k graduates in China amid youth unemployment, eased regulations

Alibaba's e-commerce arm is hiring 2,000 graduates as youth unemployment hits record levels and regulatory crackdown eases.

The Alibaba Group logo is lit up at its office building in Beijing, China (Reuters/File)
Published on Aug 19, 2023 11:49 AM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar
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