Goldman Sachs sharply raised Alibaba's capital expenditure forecast to 460 billion yuan: explosive growth in inference demand and improved AI efficiency drive stronger revenue.
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Goldman Sachs believes that the explosive growth in demand will continue to drive up cloud service providers' capital expenditures (Capex). Chinese internet giants are increasingly pursuing differentiated strategic paths in the AI field: Alibaba is betting on the enterprise-grade AI cloud market with its full-stack capabilities, while ByteDance is