China’s Alibaba to invest €50 billion in AI and cloud computing

Chinese giant Alibaba announced on Monday that it would invest 50 billion euros in artificial intelligence (AI) and Cloud Computing, just days after a major meeting between its founder Jack Ma and President Xi Jinping.

Based in Hangzhou, in eastern China, Alibaba has some of the country’s most popular e -commerce platforms, including Taobao, and ranks among the giants of Chinese technology.

Investors took place towards Chinese technological actions since the beginning of 2025. The course of Action d’Alibaba recently reached a three -year summit.

The company also strengthened investor confidence last week by reporting strong quarterly growth in sales, highlighting the resumption of the sector after years of slowdown.

Alibaba has announced its intention to invest “at least 380 billion yuan (50 billion euros)” over the next three years to improve its cloud computing and AI infrastructure. The strategy highlights the company’s commitment to long -term innovation and IA -based growth.

Alibaba did not specify how he will divide the investment of 50 billion euros between cloud computing and artificial intelligence.

Investment record

Alibaba said this investment would exceed its total expenditure on AI and Cloud Computing in the past decade.

The announcement follows the rare meeting last week involving the co-founder of Alibaba, Jack Ma, Chinese President Xi Jinping, and several eminent personalities of the private sector, largely considered as a positive signal for the technology technology Chinese.

A few days later, Alibaba declared a quarterly higher than expected sales growth of 8%, reaching 280 billion yuan (36.8 billion euros) in the third quarter of his fiscal year.

Alibaba CEO Eddie Wu congratulated these results as proof of “significant progress” in “user strategies and AI focused on the group, highlighting renewed growth in the main companies of the company.

Chinese authorities have introduced strict regulations in 2020, targeting the technological sector previously regulated. This has considerably disrupted many technological companies, including Alibaba.

In depth

But these technology giants have recently shown signs of recovery, stimulated by the optimism of investors on the Chinese advances of artificial intelligence, in particular after the success of the conversational AI of startup Deepseek.

This resurgence occurs while China urgently seeks to relaunch slow domestic consumption after the pandemic, still complicated by a real estate crisis, high unemployment of young people and a uncertainty of households on the future.

During his meeting with the leaders of the private sector last week, President Xi Jinping described current economic difficulties as “surmountable”, signaling support for technology giants, who play a key role in driving consumption.

The co-founder of Alibaba, Jack Ma, who has resigned as a head of the company, but will retain an important participation, also attended Reunion.

His presence was considered a sign of rehabilitation for the charismatic entrepreneur, who had maintained a low profile since he openly criticized the financial regulators in 2020.