Alibaba reveals huge cloud investment push

Alibaba has announced that it will invest $28.26bn in its cloud computing division over the next three years as demand for video conferencing and other cloud services has soared during the global pandemic.According to the Chinese ecommerce giant, the funds will be used to invest in infrastructure and technologies related to operating systems, servers, chip and networks.In a statement, president of Alibaba Cloud Intelligence and CTO of the Alibaba Group, Jeff Zhang explained how the investment wi