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Alibaba Group Holding Ltd. Chairman Joe Tsai warned of a potential bubble forming in data center construction, arguing that the pace of that buildout may outstrip initial demand for AI services.
Joe Tsai took aim at the $500 billion attached to OpenAI's Stargate project—and the idea of investors building data centers "on spec." ...
Alibaba Group Chairman Joe Tsai said on Tuesday the tech giant would recommence hiring, emboldened with more confidence following President Xi Jinping's February meeting with business entrepreneurs.
Alibaba Chairman Joe Tsai warned of a potential spending bubble in artificial-intelligence spending and data-center ...
A bubble is forming amid the scramble to build data centers to power the AI boom, Alibaba's chairman said. "I start to get worried when people are building data centers on spec," he said.
Billionaire Joe Tsai said the level of speculative data center development was worrying as more than $1T flows to the sector ...
Despite having committed to spend more than $52 billion on AI development over the next three years, Chinese tech giant Alibaba's chairman Joe Tsai is now warning of a potential bubble starting to ...
Alibaba, benefiting from China's AI initiatives, has seen a 60.7% stock increase. Find out why I maintain my buy rating on ...
Alibaba's (NYSE:BABA) Chairman Joe Tsai said the company would restart hiring, while separately expressing concerns about a potential AI bubble in the U.S., Reuters reported. Tsai was speaking at ...
(Bloomberg) -- Alibaba Group Holding Ltd. Chairman Joe Tsai warned of a potential bubble forming in data center construction, arguing that the pace of that buildout may outstrip initial demand for ...
A bubble is forming amid the scramble to build data centers to power the AI boom, Alibaba's chairman said. "I start to get worried when people are building data centers on spec," he said. AI ...
An AI bubble may be forming in the U.S., according to Alibaba Group chair Joe Tsai. Speaking Tuesday at the HSBC Global Investment Summit in Hong Kong, Tsai said he was “astounded” by the AI ...