Alibaba's shares jumped 9% in U.S. premarket trading and over 6% in Hong Kong trading after the company announced significant increases in its artificial intelligence (AI) investments. The CEO revealed plans to boost AI spending beyond the previously announced 380 billion yuan ($53 billion) over three years, emphasizing a strategic focus on AI infrastructure and models. Alibaba is rolling out its latest large language model, Qwen3-Max, with over 1 trillion parameters, showcasing capabilities in code generation and autonomous decision-making. The company also unveiled new AI products, including Qwen3-Omni, a multimodal system for virtual and augmented reality applications. Alibaba's AI infrastructure investments include launching new data centers in Brazil, France, and the Netherlands, with additional centers planned for Mexico, Japan, South Korea, Malaysia, and Dubai. The CEO highlighted that Alibaba Cloud aims to be a full-stack AI service provider, supporting training and deployment of large AI models through its own data centers. The company’s aggressive AI expansion aims to position Alibaba at the forefront of the rapidly growing AI industry, with global AI investment expected to exceed $4 trillion in the next five years.