Alibaba unveils $53B global AI plan – but it will need GPUs to back it up

TL;DR


Summary:
- Alibaba, a major Chinese tech company, is investing heavily in artificial intelligence (AI) technology to drive its future growth.
- The company plans to integrate AI into various aspects of its business, including e-commerce, logistics, and cloud computing, to improve efficiency and customer experience.
- Alibaba's AI efforts are part of a broader trend in the tech industry, where companies are increasingly leveraging AI to gain a competitive edge and stay ahead of the curve.

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