Chinese technology giant Alibaba has announced plans to invest more than $50 billion in artificial intelligence (AI) and cloud computing over the next three years. The announcement comes just a week after co-founder Jack Ma was seen meeting with Chinese President Xi Jinping.

Massive Investment in AI and Cloud

Alibaba confirmed that it will allocate at least 380 billion yuan ($53 billion) to enhance its AI and cloud infrastructure, marking its largest investment in these fields to date. The company stated that the move is part of its long-term strategy to focus on AI-driven growth and technological innovation.

“The investment underscores Alibaba’s commitment to advancing its cloud computing and AI capabilities,” the company said in a statement. However, it did not provide specific details on how the funds would be allocated or which projects would be prioritized.

Jack Ma’s Return to the Spotlight?

Jack Ma, who stepped back from Alibaba’s leadership after regulatory scrutiny on his fintech company Ant Group in 2020, remains an influential figure in China’s business landscape.

His recent meeting with President Xi Jinping was seen as a positive signal for Alibaba and the broader private sector.

During the meeting, Xi praised the private sector and reassured business leaders that China’s economic challenges were “surmountable”.

This has been interpreted as a renewed government endorsement of tech companies like Alibaba, potentially easing past regulatory pressures.

China’s AI Push and Alibaba’s Competitive Edge

Alibaba’s investment aligns with China’s national strategy to become a global leader in AI and cloud computing by 2030. The company faces competition from other major Chinese firms, such as Tencent, Baidu, and Huawei, which are also expanding their AI and cloud operations.

The resurgence of China’s tech industry has been further fueled by the recent launch of an advanced AI chatbot by Chinese startup DeepSeek, which has made waves in the AI sector.

Famous YouTuber Jimmy Donaldson, better known as MrBeast, has reportedly earned around $4.23 million from YouTube in the past 28 days, according to a leaked screenshot that surfaced online. The leak, initially shared on the social media platform X (formerly Twitter), showed revenue details from his YouTube Studio dashboard​

How Much Does MrBeast Actually Make?

The leaked screenshot suggests that MrBeast’s YouTube channel gained 2.688 billion views and over 162 million watch hours in the last 28 days. However, a member of MrBeast’s Ideas & Thumbnails Team disputed the authenticity of the leak, calling it a “fake screenshot.” Despite this, the team member admitted that the figures were “close enough” but required some corrections​

While the leaked revenue suggests a monthly income of around $4.23 million, other reports indicate that MrBeast’s actual earnings could be much higher. Forbes estimated his total 2024 earnings at $85 million, while some sources claim he makes $50 million per month across all his ventures​

More Than Just YouTube Ad Revenue

Most of MrBeast’s income comes from multiple revenue streams, not just YouTube ads. His wealth is fueled by:

• MrBeast partners with major brands like Shopify, Honey, and Current, securing multimillion-dollar deals.
• His chocolate and snack brand reportedly generates tens of millions in annual sales.
• While his virtual restaurant venture faced some challenges, it still contributed to his overall income.
• His latest project, Beast Games, broke records with a $20 million prize pool, adding another revenue stream to his empire​

Whether the leaked screenshot is entirely accurate or not, it’s clear that MrBeast is one of the highest-earning content creators in the world.

His business empire, sponsorships, and YouTube ad revenue collectively make him a billion-dollar entrepreneur, proving that content creation can be a lucrative career with the right strategy.

Would you like a deeper breakdown of how MrBeast structures his business ventures?

Apple has just launched the iPhone 16e, an affordable addition to the iPhone 16 lineup. It will be available on February 28, 2025, starting at $599. This new model makes Apple’s AI features more accessible to a wider audience​.

A Lower-Cost iPhone with Premium Features

The iPhone 16e is designed for those who want the latest Apple tech without paying flagship prices. It comes with the A18 chipset, the same powerful processor as the iPhone 16 and 16 Plus. This ensures smooth performance, especially for AI-powered tasks​.

Apple is also introducing its first in-house 5G chip, called C1. This means better battery life and faster connectivity, since Apple now controls both hardware and software​.

AI Features at a Lower Price

Apple is making AI a big part of this phone. The iPhone 16e supports Genmoji (AI-powered emojis), Writing Tools, ChatGPT integration, and Private Cloud Compute. These features are usually found in higher-end models, but now, they’re available in a more affordable device​.

What About the Design?

To keep the price lower, Apple is reusing some parts from older models. The display is from the iPhone 14, and it has one main camera instead of two. However, Apple has added 2x zoom to the single camera, so users still get good photography features​.

Why This Matters?

Apple is making AI-powered iPhones more affordable. This move helps Apple compete with Android phones that are getting cheaper and more AI-focused. The iPhone 16e is expected to sell millions of units, making Apple’s AI ecosystem even bigger​.

If you’ve wanted an iPhone with the latest AI features but at a lower price, the iPhone 16e might be the perfect choice. Would you consider getting one?