Alibaba to boost AI investment
Wall Street Breakfast
Seeking Alpha
3.8 • 950 Ratings
🗓️ 24 September 2025
⏱️ 5 minutes
🧾️ Download transcript
Summary
Episode transcripts seekingalpha.com/wsb.
Show links:
Biggest stock movers Wednesday: LAC, MU, and more
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Transcript
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| 0:00.0 | Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. |
| 0:08.0 | It's good to be with you on this Wednesday, September 24th. I'm Julie Morgan. |
| 0:14.1 | Alibaba reveals an updated plan for AI. Ford is targeting low-credit customers, and Lithium America's jump some reports that the White House is trying to make a deal. |
| 0:26.7 | Alibaba shares rose to their highest in nearly four years on Wednesday in Hong Kong after revealing plans to ramp up investment in AI. |
| 0:36.2 | The company's CEO said Alibaba now plans to boost its capital |
| 0:40.2 | spending on AI infrastructure beyond the originally planned $53 billion over the next three years. |
| 0:47.9 | Bloomberg reported that Eddie Wu anticipates overall investments in AI accelerating to some |
| 0:53.8 | $4 trillion worldwide over the next five years, |
| 0:57.8 | and Alibaba needs to keep up. However, he did not disclose the additional budget for AI infrastructure spending. |
| 1:05.6 | Alibaba on Tuesday unveiled its open-source large language model, which can process text, images, audio, and video. |
| 1:14.0 | On Wall Street, Baba is up 9% at $178. |
| 1:19.6 | Ford is trying to get more buyers for its F-150. |
| 1:23.0 | The Wall Street Journal reported on Tuesday, citing a spokesperson from the company that Ford is offering lower interest rates to buyers with the weakest acceptable credit history. |
| 1:34.2 | The automaker highlighted its struggle with tariffs a few months ago. |
| 1:38.5 | Ford has largely been absorbing the cost of tariffs on imported steel, aluminum, and auto parts to keep sales volume high, |
| 1:46.8 | despite it cutting into the company's profit. A Ford spokesman said the program is not expected |
| 1:52.4 | to continue beyond the end of the month. Lithium Americas is up 78% in pre-market action, |
| 2:00.4 | so of course it's on our biggest movers list. |
| 2:03.3 | The surge follows a report that the Trump administration is seeking an equity stake of as much as |
| 2:08.8 | 10% in the company as it renegotiates terms of the $2.3 billion Department of Energy loan |
| 2:15.5 | for its Thacker Pass lithium project. The $3 billion |
| 2:19.1 | project was approved by Trump at the end of its first term, and the loan from the DOE's loan |
... |
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