Ali announces results, the market pays attention to artificial intelligence development strategy and cost investment
Ali announced its results today, and the market is paying attention to the company's development strategy and cost investment in the field of artificial intelligence.
During the COVID market boom in the latter half of 2020, META announces massive investment into metaverse touted as the next frontier / form in social media platform while spending like there's no tomorrow. Instead of testing it on a microscale with discipline capital injection while assessing market willingness to pay for it, they went in big. Rightfully, they got punished by clear-minded investors/shareholders. Today we know that shareholders were right. Alibaba foray into cloud industry has been nothing short of spectacular. It was fast & furious with heavy resources & manpower investment & strong execution. In no time, it catches up with global top LLM company eg. OpenAI. Currently, Qwen 3.0 ranks #4 among global open & close - sourced LLM models right behind OpenA
During the COVID market boom in the latter half of 2020, META announces massive investment into metaverse touted as the next frontier / form in social media platform while spending like there's no tomorrow. Instead of testing it on a microscale with discipline capital injection while assessing market willingness to pay for it, they went in big. Rightfully, they got punished by clear-minded investors/shareholders. Today we know that shareholders were right. Alibaba foray into cloud industry has been nothing short of spectacular. It was fast & furious with heavy resources & manpower investment & strong execution. In no time, it catches up with global top LLM company eg. OpenAI. Currently, Qwen 3.0 ranks #4 among global open & close - sourced LLM models right behind OpenA