Reiterate Rating: BUY | PO: 195.00 USD | Price: 163.08 USD Accessible version Long term investments will surpass RMB380b CAPEX plan Alibaba Cloud hosted its annual flagship event Apsara Conference this week. In the opening remark, CEO MR. Eddie Wu highlighted that the company will increase investment in AI and cloud computing beyond the initial budget of RMB380b over the next three years to embrace the era of Artificial Superintelligence (ASI). Mgmt. believes large models will be the next generation of oper ...