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Alibaba Targets $100 Billion of AI Revenue in Five Years

The Hangzhou-based company is the most aggressive Chinese spender on AI technology, having pledged over $53 billion of AI investment over several years.
Alibaba
Alibaba’s push into agentic AI and creation of a “Token Hub” may not alter the e-commerce giant’s AI profit outlook, which remains challenged. (Alibaba)

Alibaba Group Holding Ltd. aims to quintuple cloud and AI revenue to $100 billion annually in five years, setting a high bar for its artificial intelligence endeavours to offset the plateauing of a once pre-eminent e-commerce empire.

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