Alibaba’s Joe Tsai: Xi Jinping’s entrepreneur meeting fuels business confidence in China

President Xi Jinpings High -profile meeting Chinese companies’ confidence with technology leaders last month increased significantly, indicating Alibaba Group Holding According to the company’s chairman and co -founder, to invest well in artificial intelligence (AI) Which procurement During a conference in Singapore.

“I will not diminish the importance of the incident,” Tasai said at a gathering organized by the US Broadcaster CNBC on Wednesday. “This message is very clear that the government is looking for private businesses to come back and promote the economy.”

XI’s Business Symposium in February – which included the founder of Alibaba Jack mam And large Chinese tech companies such as other executives Tension HoldingsAs well as startups Depressic – According to Tasai, he further strengthened Alibaba’s confidence in AI’s investment.
In a show of AI -affiliated show, the company recently announced investment plans At least 380 billion yuan (US $ 52 billion) In the next three years, cloud computing and AI infrastructure. This is China’s largest computing project so far, which provides financial support through a private business.

The result of the plan has also exceeded Alibaba’s total costs over AI infrastructure over the past decade, and it is equivalent to half of the initial investment of $ 100 billion in the US -promoted star Gate AI move.

Chinese President Xi Jinping, Center, participates in a symposium on private businesses in Beijing on February 17. Photo: Xinhua

Alibaba owns South China Morning Post.

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