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Message: [QUOTE="Techmeme, post: 7966"] [URL='https://www.bloomberg.com/news/articles/2025-09-24/alibaba-to-raise-spending-on-ai-above-50-billion-plan'][IMG]http://www.techmeme.com/250924/i12.jpg[/IMG][/URL] [URL='http://www.techmeme.com/250924/p12#a250924p12'][IMG]http://www.techmeme.com/img/pml.png[/IMG][/URL] Luz Ding / [URL='https://www.bloomberg.com/']Bloomberg[/URL]: [B][URL='https://www.bloomberg.com/news/articles/2025-09-24/alibaba-to-raise-spending-on-ai-above-50-billion-plan']Alibaba's Hong Kong-listed shares hit a nearly four-year high after CEO Eddie Wu announces plans to increase AI spending beyond the $53B target over three years[/URL][/B] — Alibaba Group Holding Ltd.'s shares surged to their highest in nearly four years after revealing plans to ramp up AI spending past … [/QUOTE]