Jo Betsy
07-02

$Alibaba(BABA)$ BABA has just opened its third data center in Malaysia and plans to launch a second one in the Philippines by October, as it accelerates AI growth. It is also establishing a global AI-focused competency center in Singapore to support over 5,000 companies and 100,000 developers in accessing advanced AI models. CEO Eddie Wu states that Alibaba will invest more than $53 billion in global AI infrastructure over the next three years, speeding up the expansion of its cloud network from China to Europe and the Americas.

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