CMB Stock News Of The Day 📰🗞️🗞️📈📉

“Alibaba Unveils New Data Center Powered by 10,000 Zhenwu AI Chips” 🚨🚨🚨

Alibaba announced a major expansion of its AI infrastructure with a new data center in southern China, in partnership with China Telecom. The facility is powered by 10,000 of Alibaba’s homegrown Zhenwu chips, with plans to scale up to 100,000 over time. The center will handle both AI training and inference tasks, bolstering China’s push for sovereign AI capabilities.

The development highlights China’s ongoing efforts to reduce reliance on foreign AI technology. While companies like Alibaba with its Qwen model, Z.ai with GLM-5.1, and the disruptive DeepSeek R1 have released competitive AI models, China still lags the U.S. in cutting-edge AI chips. Access to the latest Nvidia GPUs remains limited due to export controls, making domestic solutions like Zhenwu critical for China’s AI ambitions.

Alibaba’s new data center marks a significant step toward strengthening its in-house AI capabilities and scaling up large-scale AI deployments, positioning the company as a key player in the race for next-generation computing power.