2026-03-24 12:16:18
Alibaba, Tencent and other internet giants' AI infrastructure investment scale may reach $84 billion by 2027
Gate News reports that on March 24, Chinese internet giants including Alibaba and Tencent plan to expand their combined investment in AI infrastructure (including data centers) to $84 billion by 2027, representing approximately 60% growth compared to 2025. Meanwhile, market concerns persist regarding how large-scale upfront investments may compress profit margins.