Alibaba Surges 107% After Boosting AI Budget Beyond $50 Billion And Reporting Strong Cloud Growth

1. BABA stock hits highest level in four years amid increased AI investment. 2. CEO Eddie Wu forecasts $4 trillion global AI investment within five years. 3. Alibaba reports 26% cloud sales growth in Q1 and triple-digit AI product growth. 4. Jack Ma reengages in strategy focusing on AI and cloud growth. 5. Competitors project $32 billion for AI infrastructure by 2025 amid Alibaba's expansion.