Online reports, according to World Wide Web reports, Alibaba CEO Wu Yongming recently stated that Alibaba will invest more than 380 billion yuan in the next three years to build cloud and AI hardware infrastructure, totaling more than the total of the past 10 years (approximately 300 billion yuan). "Overall, the next three years will be the largest and most concentrated stage of the cloud construction cycle in Alibaba Group's history. Therefore, the capital expenditure in this concentrated construction cycle will have a certain impact on hardware amortization and other aspects. However, given the current user demand. Strong demand and prejudging the future of the industry, the group believes that these invested infrastructure will soon be absorbed by the needs of internal and external customers. "