Alibaba Group Holding Inc.’s (NYSE: BABA) U.S.-listed shares have been on a tear throughout 2025, more than doubling so far this year and reaching their highest since October 2021. The rally gained momentum this week following CEO Eddie Wu’s commitment to increase AI spending beyond the already staggering $53 billion over three years. The agenda involves growing data centers globally, deploying Alibaba’s Qwen large language models, and integrating Nvidia’s AI tools into its cloud unit.
BABA stock is up in three digits this year. Track its prices live here.
