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WY
Executive

Wu Yongming

CEO at Alibaba

Stated that AI shortage of computing power will not significantly change before 2030 and company will recoup AI investment within 2-3 years.

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Alibaba and Tencent combined to spend $18 billion on AI infrastructure last quarter alone
en.sedaily.commixedAug 24, 2026

“Stated that AI shortage of computing power will not significantly change before 2030 and company will recoup AI investment within 2-3 years.”