<ul><li>Alibaba, a Chinese ecommerce company, plans to invest $53 billion in AI infrastructure, signaling a major pivot towards AI.</li><li>This move comes after Beijing's crackdown on Alibaba in 2020, but now the tide appears to be turning as the tech giants are viewed as critical national assets.</li><li>Alibaba's shift towards AI infrastructure could be a bid to regain favor and become a catalyst for broader private sector investment in AI infrastructure.</li><li>This raises the question of whether Beijing will formalize an AI infrastructure policy to compete directly with the U.S., potentially pushing AI investment into a Cold War-like strategic importance.</li></ul>

Last Week in ConTech — 3 March 2025

Discover more