Cover art for Alibaba's AI Spending Spree, Concerns of Circular AI Financing
Bloomberg Tech

Alibaba's AI Spending Spree, Concerns of Circular AI Financing

1mo ago43m
Bloomberg’s Ed Ludlow breaks down the plunge in Alibaba's profit after the company increased its quarterly capex to almost $10 billion for AI. Plus, a look at how Meta has quietly become one of Microsoft's largest AI customers, and at defense tech startup Castelion's plans to boost production of its hypersonic missile systems.
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