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flag Alibaba and Tencent expand cloud services globally, investing heavily in AI technologies.

flag Chinese cloud giants Alibaba Cloud and Tencent Cloud are expanding globally, with Alibaba launching a new data center in Mexico and Tencent planning one in Saudi Arabia. flag Both are investing heavily in AI technologies to support digital growth, with Alibaba committing over $52.3 billion over three years. flag Global spending on cloud infrastructure, driven by AI adoption, is forecast to rise by 19% this year.

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