Alibaba Cloud will invest $28 billion more into its infrastructure over the next three years – TechCrunch

[ad_1] Alibaba Cloud announced today that it will invest another RMB 200 billion (or about $28 billion) into its infrastructure over the next three years, prompted in part by increased demand for services like video conferencing and live streaming as businesses adapt to the COVID-19 pandemic. The investment will focus on expanding Alibaba Cloud’s technology,…