Alibaba also released financial results for the last quarter of 2023, which exceeded the analysts.
By 2028, the Chinese Technological Company Alibaba will invest at least 380 billion yuan (over $ 52 billion) in developing artificial intelligence technologies and clouds. This was reported by the Wall Street Journal.
According to forecasts, these costs will exceed the total amount of investment in these areas over the past decade. Alibaba also released financial results for the last quarter of 2023, which exceeded the analysts.
It is noted that income growth has accelerated at the fastest pace from the end of 2023 due to E -Commerce and Cloud business improvement.
As you know, Chinese technohigans, in particular Alibaba and Baidu, are actively developing artificial intelligence after the success of the start of Deepseek.
According to Alibaba Joe Tsay co-founder, the company incorporates she-technologies to the iPhone for the Chinese market, which will help strengthen its positions.
Keep in mind that the Chinese Deepseek company has released a free chat bot, which has caused panic to investors in Silicon Valley and avoiding American ChatGPT in many reasoning trials.
As reported, Microsoft and Openai are investigating whether the preliminary data of Openai technologies has been obtained in an unauthorized way with a group related to Chinese start -up in the field of artificial intelligence Deepseek.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.