Alibaba Pledges to Increase AI Spending Beyond $53 Billion Target
The announcement at its Apsara Conference sent the company's stock to a four-year high as the global AI infrastructure race intensifies.
An Escalating AI Arms Race
Alibaba Group Holding announced on September 24, 2025, that it will increase its spending on artificial intelligence infrastructure, moving beyond its previously stated three-year plan of $53 billion (380 billion yuan). Speaking at the company's annual Apsara Conference, CEO Eddie Wu said the rapid pace of AI development and the corresponding demand for infrastructure had "far exceeded our expectations," necessitating the increased investment.
Wu did not specify the new spending amount but noted that global AI investment could reach $4 trillion over the next five years, stating that "Alibaba needs to keep up." The …
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