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

Alibaba to Increase AI Spending Alibaba announced plans to increase its AI spending beyond $50 billion, which led to a surge in its share price to a four-year high. The company's significant investment in artificial intelligence reflects the growing importance of this technology in the tech industry. OpenAI Expands Stargate Data Center OpenAI, a prominent AI research company, is expanding its Stargate data center project with five new sites across the United States. This expansion demonstrates the growing demand for powerful computing resources to support the development of advanced AI systems. Jimmy Kimmel Returns to Late Night Renowned late-night host Jimmy Kimmel has returned to the air with a conciliatory tone, addressing his past controversial comments and jokes about former President Donald Trump. Kimmel's return to late-night television signals a shift in the entertainment industry's approach to political commentary and discourse.
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