China's Alibaba to invest $50 bn in AI, cloud computing

Beijing (AFP) – Chinese tech giant Alibaba said Monday it will spend more than $50 billion on artificial intelligence and cloud computing over the next three years, a week after co-founder Jack Ma was seen meeting President Xi Jinping.

Alibaba and other tech giants have enjoyed a revival in recent months, after being hit by a long-running government crackdown

Three things we learned in the Six Nations

London (AFP) – Double-defending champions Ireland maintained their Grand Slam bid by defeating a resurgent Wales, England stayed in title contention by edging Scotland and France returned to form with a rout of Italy.

On the run: France captain Antoine Dupont goes in to score one of his side's 11 tries in a 73-24 Six Nations thrashing of Italy in Rome

Premier League champions

Manchester (United Kingdom) (AFP) – Tired of finishing second best to Manchester City, Liverpool took revenge on the English champions with a 2-0 victory at the Etihad on Sunday to strike a potentially decisive blow in the Premier League title race.

Liverpool opened up an 11-point Premier League lead with a 2-0 win at Man City

Indonesia launches new multi

Jakarta (AFP) – Indonesia on Monday launched a new sovereign wealth fund that will aim to manage state assets worth more than $900 billion as President Prabowo Subianto looks to turbo-charge growth in Southeast Asia’s biggest economy.

Prabowo Subianto has ordered sweeping cuts across government to fund his key campaign pledges including the new investment vehicle