Alibaba Raises AI CapEx and Model Update

Bloomberg’s Caroline Hyde and Ed Ludlow look at Alibaba’s plans to ramp up AI spending past $50 billion, which sent its shares to a four-year high. Plus, OpenAI expands its Stargate data center plan with five new sites in the US. And late-night host Jimmy Kimmel is back on air with a conciliatory tone about his controversial comments and jokes about President Trump.

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