Alibaba to Ramp Up AI Spend, Kimmel Returns to Late Night | Bloomberg Tech 9/24/2025

Bloomberg TechnologyWednesday, September 24, 2025 at 8:33:47 PM
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Alibaba to Ramp Up AI Spend, Kimmel Returns to Late Night | Bloomberg Tech 9/24/2025
Alibaba is making headlines by planning to increase its AI spending to over $50 billion, which has boosted its stock to a four-year high. This move highlights the company's commitment to innovation and growth in the tech sector. Additionally, OpenAI is expanding its Stargate data center with five new sites in the US, further solidifying its position in the AI landscape. Meanwhile, late-night host Jimmy Kimmel has returned to the airwaves, addressing his previous controversial remarks about President Trump with a more conciliatory approach, which could resonate well with audiences.
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