Alibaba targets 20+ gigawatts data-center capacity by 2032
Shares rose about 3.2% to $119.43 as Alibaba set an aggressive goal of more than 20 gigawatts of global data-center capacity by 2032.
Alibaba Group, China's commerce and cloud-AI giant, set a target of more than 20 gigawatts of global data-center capacity by 2032. 43, with investors watching how quickly Alibaba can convert its AI ambitions into physical infrastructure.