Alibaba announced on Monday that it will invest at least 380 billion yuan ($52.44 billion) in cloud computing and artificial intelligence infrastructure over the next three years.
The company had previously signaled plans to invest in the sector but disclosed the exact amount after releasing its earnings on Friday.
The Chinese e-commerce giant reported revenue of 280.15 billion yuan for the quarter ended December 31, slightly surpassing analysts’ expectations. Alibaba stated that the planned investment exceeds its total spending on AI and cloud computing over the past decade.
The company has gained momentum in China’s AI sector in 2025, attracting investor interest through strategic business moves. Its stock has surged more than 68% this year as of the last close.
Other Chinese firms are also expanding in the sector, with ByteDance planning over 150 billion yuan in capital expenditures for 2025, largely focused on AI, according to sources cited by Reuters in January.
