China's Alibaba will exceed its planned investment of 380 billion yuan (US$ 55.96 billion) on AI over three years, it said on Wednesday, after reporting quarterly results squeezed by high levels of spending.
BNN Bloomberg
Alibaba plans to introduce AI shopping assistants inside Taobao featuring capabilities such as virtual try-ons and automated price tracking, highlighting China's increasingly integrated approach to AI commerce ecosystems.
MarketingProfs
Alibaba is caught in a powerful crosscurrent of AI momentum, geopolitical risk, and strategic transformation.
Phemex
Alibaba, one of China's largest AI players, plans to invest $53 billion in AI over three years.
Brookings
Last updated: 14 June 2026
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