Alibaba shares jump 9% in U.S. premarket after CEO unveils plans to boost AI spending

Alibaba plans to increase spending on AI models and infrastructure development even further, Chief Executive Officer Eddie Wu said Wednesday.

TechnoHulk

Sep 24, 2025 - 13:55

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Alibaba shares jump 9% in U.S. premarket after CEO unveils plans to boost AI spending

Alibaba plans to increase spending on AI models and infrastructure development even further, Chief Executive Officer Eddie Wu said Wednesday.

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