Alibaba Invests in AI Infrastructure
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Technology
Alibaba to invest more than $52 billion in AI over next 3 years

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Alibaba said the total investment amount exceeds the company's spending in AI and cloud computing over the past decade .
The Chinese e-commerce giant had said it had plans to invest in the sector while announcing its results on Friday .
The company had reported revenue of 280.15 billion yuan for the three months ended December 31 , marginally ahead of analysts' estimates.
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