
China’s Alibaba to invest €50 billion in AI and cloud computing
By AFP Translated by Nazia Bibi Keenoo Published February 24, 2025 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. A passerby takes a selfie in front of the…