In the generalized sense of measurable group theory, every infinite group satisfies the Tits alternative. Indeed, every group is either amenable and hence orbit equivalent (isomorphic in the category of groups with randomorphisms) to ${\mathbb Z}$ or non-amenable and hence contains ${\mathbb F}_2$ as a random subgroup. The second result is recent and due to Damien Gaboriau and Russell Lyons (see here).
The notion of randomorphism is due to Nicolas Monod, see his ICM talk from 2006 (see here).
EDIT: Answering Henry's comment: $H$ is a random subgroup of $G$ if there is a $H$-equivariant probability measure on the space of maps $\lbrace f: H \to G \mid f(e)=e \rbrace$ endowed with the action $(h.f)(k)= f(kh)f(h)^{-1}$; supported on injective maps. Clearly, every injective homomorphism yields an atomic randomorphism, but there are others.