BEIJING – After shaping the early stages of China’s e-commerce and followed by years of management failure, Alibaba has placed a big bet on artificial intelligence that comes with a new era. This month, Alibaba led a round of approximately $100 million investments at humanoid startup X Square Robot, putting $60 million in the startup behind the AI Video Generation App Pixverse. Tech Giant has also announced a strategic AI partnership with smartphone company Honor. According to a CNBC analysis from Pitchbook Data, it has participated in more than $3.3 billion in transactions ranging from AI Model Startups Moonshot and Minimax to Robotics Startup Limx Dynamics, just as Openai launched ChatGpt for consumers. The Hangzhou-based company is also making significant investments within the company. In February, it announced plans to spend 380 billion yuan ($53.42 billion) on AI and cloud infrastructure over the next three years. Wei Sun, principal analyst at Counterpoint Research, said 100 billion yuan has already been involved in AI infrastructure and research over the past year. “Alibaba has established itself as China’s most offensive AI investor,” said Sun. “This level of spending is unprecedented among private Chinese companies, competing for the trajectory of US technology Titan.” Matthew Peterson, managing partner at Peterson Capital Management, said that Alibaba was able to reach a market capitalization of $1 trillion over five years, and a market capitalization of $1 trillion over five years. Investors cheered. The company’s US trading stock has skyrocketed over 90% since the start of the year. The latest profit came after Alibaba secured major Chinese telecom customers for AI chips via cloud computing units. “[Alibaba’s investment in AI is] The large commitment already brings tangible returns was added with reference to recent financial statements and stock earnings. In the recent quarter, Alibaba’s cloud computing services ranged from 26% to 33.4 billion yuan, along with increased demand for running AI models. China is making some cloud-related management changes. Use AI to reform your business. “Baba Ytd Mountain Alibaba shares are shedding tears. Alibaba has also launched its own AI models and tools to generate text and videos ranked in the top 10 faces of open source platforms. One of his funds began investing in Alibaba’s US-traded stocks three years ago. This accounts for nearly 20% of spending. Especially in the live streams of ecommerce, rivals such as Pindu Doo and Doin joined the grant subsidies earlier this month Cake Icing – Alibaba is far busier with AI, data, fintech and cloud. [AI & chips] +Amazon [services & e-commerce]”The company is “arguably China’s most powerful private sector competitor,” she said. She also has political considerations. This has become a child of Alibaba posters due to internet technology companies crackdowns on China, which is a concern that recent governments have been concerned about in 2021. BDA’s Clark, in contrast to its roots as a distributor, calls it “a much more core technology company than it once was.” “That’s exactly what you need to be with the government in your current stance with the US.”
