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Alibaba Shares Soar Over 6% After CEO Unveils Aggressive AI Expansion Plans

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  News Editor / 3 weeks
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• 2 min read

Alibaba Group’s stock jumped more than 6% on Wednesday after CEO Eddie Wu announced ambitious plans to ramp up investment in artificial intelligence and unveiled its most advanced AI model yet. The strong market reaction echoes growing investor confidence in Alibaba’s pivot from pure e-commerce toward becoming an AI powerhouse. At its annual conference, Alibaba […]