Alibaba Chairman Says AI Data Centers Are a Bubble. Chinese Internet Stocks Get Hit. - Barron's
1. Alibaba's chairman warns of a possible AI investment bubble. 2. U.S. tech companies' spending on AI raises concerns about overestimation of demand. 3. Alibaba plans to invest $52.4 billion in cloud computing and AI over three years. 4. Recent drop in Alibaba's stock reflects broader caution in the sector. 5. Market confidence remains as adjustments are made to AI investment strategies.