Alibaba commits $50bn to AI and cloud amid Jack Ma’s return to the spotlight

Alibaba, the Chinese Technology Group, has announced an investment of 380 billion yuan (41.5 billion pounds) in artificial intelligence and cloud computing over the next three years.

The news comes after the general rehabilitation of the company's founder, Jack Ma, who recently returned alongside President Xi Jinping and other technology leaders at a high -level summit in China.

Master, which was once a Chinese entrepreneurship, fell from Beijing five years ago after criticizing the financial organizers in China. This clash was crowned with a preliminary public offer of $ 37 billion from the Ant Group in 2020, as it was scheduled to be the largest in the world. Everything disappeared from public life, as the administration of Xi was taken on influential technical billionaires.

However, his headquarters in the “Technology Summit” last week-surrounded by candidates including Liang Winfing from Dembessic (the American Emerging Amnesty International opponent), and executives of the BYD electric vehicle giant and the Huawei-Huawei-signal transformation signals. With the reporting of the economy after the ruling, Beijing appears to reduce Clampdown on large technology, and instead, the renewed focus on the sector to advance growth has been.

Alibaba branched from the original B2B e -commerce roots, the development of prosperous logistical weapons and financial offers such as Ant Group. Its clouds, Alibaba Cloud, is already hosting important searches and development around the world, and recently launched its AI's offers, QWEN, available to iPhone users in China via a dedicated application.

Edi Wu Jonging, CEO of Alibaba, says the company intends to spend more on Cloud and AI in three years of what it has invested in the past decade. “We are excited about the business opportunities that are opened by this new technological course,” he said. According to the latest financial report by alibaba, the quarterly profits amounted to 48.9 billion yuan (5.3 billion pounds), overcoming market expectations and enhancing the investor confidence in the company's expansion plans.

Xi Jinping is highly betting on advanced technologies – from artificial intelligence to green energy solutions – to stimulate the next stage of economic progress in China. After witnessing a period of rock growth and facing multiple renewed threats, Beijing is now looking forward to the local champions of global technology leadership. The recent unveiling of Deepseek of the cost -cost male thinking model with the ability to compete with the leading US systems has ignited national pride, although many experts maintain a degree of doubt about their ability to bypass players.

For Albaba, renewed support at the highest levels of government provides an opportunity to re -focus on innovation after years of organizational uncertainty. The question remains whether this investment – and Jack Ma to the barn – will help China bridge the gap with American technology giants, especially in artificial intelligence, a field seen as a key to the country's global competitiveness.

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