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TechFlow news, on February 24, according to Global Times, Alibaba Group CEO Eddie Wu announced that the company will invest more than 380 billion RMB over the next three years in cloud computing and AI hardware infrastructure. This investment exceeds the total of the past decade and sets a record as the largest single investment by a private enterprise in China in this field.
According to Global Times, Alibaba Group CEO Eddie Wu announced that the company will invest over 380 billion RMB in cloud computing and AI hardware infrastructure over the next three years—surpassing the total investment of the past decade and setting a record as the largest single investment by a private enterprise in China in this field.
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