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The Economic Times
The Economic Times
Technology

Alibaba to exceed planned AI spending and says margin is secondary

China's Alibaba will exceed its planned investment of 380 billion yuan ($55.96 ​billion) on AI over three years, it said ​on Wednesday, after reporting quarterly results squeezed by high levels of spending.

It did ​not give detail of any new target to replace the existing one that was announced early last year.

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