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

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September 24, 2025

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Bloomberg’s Caroline Hyde and Ed Ludlow look at Alibaba’s plans to ramp up AI spending past $50 billion, which sent its shares to a four-year high. Plus, OpenAI expands its Stargate data center plan with five new sites in the US. And late-night host Jimmy Kimmel is back on air with a conciliatory tone about his controversial comments and jokes about President Donald Trump.

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"Bloomberg Technology" is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloombergs Caroline HydeEd LudlowPlus OpenAIUS AndJimmy KimmelPresident Donald Trump ChaptersMicron Forecast FailsSatisfy Investors

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