Alibaba's Bold Move: Investing $53 Billion to Build Artificial General Intelligence.
Artificial intelligence (AI) is rapidly transforming industries, and major tech giants are in a fierce race to dominate this field. One of the latest and most ambitious moves comes from Alibaba, which has announced an unprecedented push toward developing Artificial General Intelligence (AGI)—a form of AI capable of reasoning and problem-solving like a human. To achieve this, Alibaba plans to invest a staggering 380 billion yuan ($53 billion) in AI and cloud computing over the next three years.