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Alibaba Unveils New AI Chip, Plans 20-Gigawatt Data Center Expansion
Source: Nasdaq
Artificial IntelligenceTechnology & InnovationInfrastructure & DefenseCompany Fundamentals
Alibaba announced an intelligence chip and plans to significantly expand data-center capacity, strengthening its AI infrastructure business. The initiatives signal increased investment in proprietary AI computing capabilities and cloud infrastructure, which could support Alibaba's long-term positioning in the AI market.
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