Alibaba (BABA) Stock: Advances as Cloud and AI Chip Strategy Expands

TLDR Alibaba stock falls 4.30% as the company expands its computing infrastructure. Zhenwu V900 promises three times the performance of Alibaba’s previous processor. Alibaba Cloud plans to expand global data center capacity beyond 20 gigawatts. More than 650 customers already use current Zhenwu chips across key industries. Qwen 4 remains in training as Alibaba links [...]

The post Alibaba (BABA) Stock: Advances as Cloud and AI Chip Strategy Expands appeared first on Blockonomi.