{"id":907810,"date":"2025-02-21T08:14:04","date_gmt":"2025-02-21T02:44:04","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=907810"},"modified":"2025-02-21T08:17:23","modified_gmt":"2025-02-21T02:47:23","slug":"alibaba-plans-major-ai-investment-as-revenues-rebound-in-third-quarter","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/02\/21\/alibaba-plans-major-ai-investment-as-revenues-rebound-in-third-quarter\/","title":{"rendered":"Alibaba plans major AI investment as revenues rebound in third quarter"},"content":{"rendered":"<p>Alibaba on Thursday flagged plans to invest more in its &#8220;core businesses&#8221; of e-commerce and AI-powered cloud computing after reporting third-quarter revenues just above analysts&#8217; estimates on strong year-end sales. <\/p>\n<p>US-listed shares of the company were up 11 per cent in early morning trading. <\/p>\n<p>Chief executive Eddie Wu, speaking to analysts, said AI was &#8220;the kind of opportunity for industry transformation that only comes around only once every few decades.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alibaba on Thursday flagged plans to invest more in its &#8220;core businesses&#8221; of e-commerce and AI-powered cloud computing after reporting third-quarter revenues just above analysts&#8217; estimates on strong year-end sales. US-listed shares of the company were up 11 per cent in early morning trading. Chief executive Eddie Wu, speaking to analysts, said AI was &#8220;the kind of opportunity for industry transformation that only comes around only once every few decades.&#8221;<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-907810","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/907810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=907810"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/907810\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=907810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=907810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=907810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}