Alibaba bets on AI to fuel cloud growth as it expands globally to catch up with U.S. tech giants
Publishing timestamp: 2024-05-23 08:40:40
Summary
Alibaba is expanding its cloud computing availability to Mexico and other key markets, betting on AI products and signing up more customers to reignite growth after a turbulent time for its cloud division. The company is focusing on its large language model and AI tools to stay competitive in the market.
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Keywords: mexico, business news, microsoft corp, cloud computing, generative ai, internet, tencent holdings ltd, baidu inc, thailand, artificial intelligence, south korea, technology, malaysia, alibaba group holding ltd, amazon.com inc, enterprise, lvmh moet hennessy louis vuitton se, china, alphabet class c, alphabet inc,
Source: https://www.cnbc.com/2024/05/23/alibaba-bets-on-ai-to-fuel-cloud-growth-as-it-expands-globally.html