09:00
2026-08-21
asiaai.fyi
artificial-intelligence
Alibaba’s 75% Capex Surge: Driving High-Performance Edge AI Despite Profit Drops
Alibaba Group Holding Ltd. increased its capital expenditure by 75% to build AI infrastructure despite a 76% drop in quarterly net income, while releasing open-source Qwen3-8B and Qwen3-27B models tha…