Alibaba CEO doubles down on plans for ‘unified global cloud network’

May 23, 2025

Alibaba Group Holding chief executive Eddie Wu Yongming has doubled down on the company’s plan to create a “unified global cloud network”, months after drawing up a 380 billion yuan (US$52.7 billion) investment programme for computing resources and artificial intelligence (AI) infrastructure in China. The Hangzhou-based tech conglomerate’s cloud computing and AI services unit, Alibaba Cloud, will accelerate the buildout of that international network across Japan, South Korea, Southeast Asia, the...

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