Alibaba's Hong Kong-listed shares jumped 14.6% on February 21 after CEO Eddie Wu said it would invest "aggressively" in AI; Alibaba's HK stock is up 70.36% YTD (Eleanor Olcott/Financial Times)

Eleanor Olcott / Financial Times: Alibaba's Hong Kong-listed shares jumped 14.6% on February 21 after CEO Eddie Wu said it would invest “aggressively” in AI; Alibaba's HK stock is up 70.36% YTD  —  Chinese tech group says it will spend more on artificial intelligence in next three years than over past decade

Feb 22, 2025 - 07:33
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Alibaba's Hong Kong-listed shares jumped 14.6% on February 21 after CEO Eddie Wu said it would invest "aggressively" in AI; Alibaba's HK stock is up 70.36% YTD (Eleanor Olcott/Financial Times)

Eleanor Olcott / Financial Times:
Alibaba's Hong Kong-listed shares jumped 14.6% on February 21 after CEO Eddie Wu said it would invest “aggressively” in AI; Alibaba's HK stock is up 70.36% YTD  —  Chinese tech group says it will spend more on artificial intelligence in next three years than over past decade