Key Points Alibaba announced plans to open data centers around the world. It's also teaming with Nvidia. The stock has surged lately on hopes for its AI ambitions. 10 stocks we like better than Alibaba Group › The rally in Alibaba (NYSE: BABA) stock continued today after the Chinese tech giant just announced plans to ramp up its spending on artificial intelligence (AI). That's been a winning approach for American tech stocks, so it wasn't a surprise to see Alibaba jump on the news. As of 10:22 a ...