Alibaba Group Holdings Ltd. is set to integrate Nvidia’s physical AI tools into its cloud software platform, enabling clients to develop practical AI applications such as humanoid robots and self-driving vehicles. This collaboration blends Nvidia’s cutting-edge chip technology with Alibaba’s robust cloud computing infrastructure, reinforcing their positions in the AI landscape. CEO Eddie Wu announced plans to increase Alibaba’s AI infrastructure investment beyond the previous goal of 380 billion yuan ($53 billion), driven by a surge in company stocks—the highest in nearly four years. This commitment aligns with a broader trend among tech firms, projected to invest around $4 trillion in AI globally over the next five years. Alibaba also plans to expand its cloud services, launching new data centers in Brazil, France, and the Netherlands by 2026. While some skeptics warn of a potential AI bubble, the overall market remains optimistic about significant investments in technology.
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