Alibaba Shares Jump 3% as New Zhenwu V900 AI Chip and 20-Gigawatt Data Center Buildout Plans Unveiled
Alibaba shares climbed roughly 3 percent in Hong Kong trading on Tuesday after the Chinese technology giant unveiled a powerful new AI chip and laid out an ambitious plan to more than triple its global data center capacity over the next several years, the latest sign that China’s largest cloud provider intends to compete directly … Read more