Alibaba Group Holding Ltd. pledged to invest more than 380 billion yuan ($53 billion) on AI infrastructure such as data centers over the next three years, a major commitment that underscores the e-commerce pioneer’s ambitions of becoming a leader in artificial intelligence.

The Alibaba Group is going all in on AI as it announces plans to invest at least $53 billion over the next three years.

The internet company co-founded by Jack Ma plans to spend more on its AI and cloud computing network than it has over the past decade

KEY TAKEAWAYS U.S.-listed shares of Alibaba Group are falling 3% in premarket trading Monday after the Chinese tech giant announced plans to invest more than $52 billion in artificial intelligence and cloud infrastructure over the next three years.

Alibaba Group is planning to spend more money on building out cloud and AI infrastructure over the next three years than it has in the past decade. Speaking during the company's Fiscal Year 2025 Q3 earnings call, CEO Eddie Wu noted that the company was planning to scale up its investments as part of its AI strategy.

Alibaba has gained more than $100 billion of market value in 2025, though it’s still far from its pre-crackdown peak.

The Chinese technology giant first mentioned the plan last week when it reported results but didn’t provide a specific figure.

Alibaba said on Monday it plans to invest at least 380 billion yuan ($52.44 billion) in its cloud computing and artificial intelligence infrastructure over the next three years.

Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma