Alibaba’s chairman warns of a ‘bubble’ in AI data centre buildout
BEIJING] Alibaba Group Holding chairman Joe Tsai warned of a potential bubble forming in data centre construction, arguing that the pace of that buildout may outstrip initial demand for AI services. Read more at The Business Times.
Alibaba's Joe Tsai voices concern about AI data center construction bubble
Alibaba Group chairman Joe Tsai has warned that there may be an over-provisioning of data center buildout for AI. During the HSBC Global Investment Summit in Hong Kong today, March 25, Tsai warned that the current pace of construction could outpace the initial demand for AI services.
Alibaba's cloud and AI business drives strong growth, with triple-digit AI expansion. Learn why experts back a $183 target price. Click here to read more.
Grab Holdings GRAB is reportedly acquiring the supermarket chain Everrise in Malaysia to expand its grocery business further ...
The Ant Group, backed by Alibaba (BABA), is reportedly using semiconductors made both in the US and China to build more ...
Alibaba Group Holding Limited outperforms Shanghai Composite & rivals like PDD, JD.com with strategic focus on e-commerce & cloud. Read more on BABA stock update.
Alibaba has upgraded its Quark AI assistant with the Qwen reasoning model, enhancing its ability to process complex queries ...
This sum surpasses Alibaba’s entire cloud and AI budget from the last ... Earlier this month, Alibaba struck a deal with Apple to provide AI services via its Qwen model in China.
As industries increasingly adopt AI solutions, demand for Alibaba Cloud services remains strong, with expectations for continued momentum. Meanwhile, its expanding data centers further enhance its ...
Alibaba Cloud has reportedly been chosen by Apple to support its AI services within China. While details are scarce, the partnership is understood to be crucial for Apple to navigate China’s ...
BMW Group (OTC:BMWKY) and Alibaba (NYSE:BABA) on Wednesday reported an expanded strategic partnership in China, accelerating the integration of Alibaba’s Qwen large language model into BMW’s Neue ...
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