Alibaba bets $52B on AI, cloud
Wall Street Breakfast
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Alibaba's Massive Investment in Cloud and AI; Proces's Strategic Acquisition
This chapter explores Alibaba's ambitious $52 billion investment plan to enhance its cloud computing and AI capabilities, signaling fierce competition in the tech landscape. It also discusses Proces's strategic acquisition of Just Eat Takeaway for over 4 billion euros, marking a significant move in the food delivery sector.
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