What's Going On With Alibaba Shares Wednesday? - Alibaba Gr Hldgs (NYSE:BABA)

What's Going On With Alibaba Shares Wednesday? - Alibaba Gr Hldgs (NYSE:BABA)

Alibaba shares are trading higher Wednesday after reports indicating the company secured China Unicom as a major client for its artificial intelligence (AI) chips.

Alibaba's shares jump after it lands a major customer for its AI chips

China Unicom will deploy Alibaba's AI chips via the e-commerce giant's cloud computing unit, according to state media CCTV.

Alibaba’s AI Chip Effort Quickens With Big Client China Unicom

Alibaba Group Holding Ltd. has secured a high-profile customer in China Unicom for its AI chips, suggesting the Chinese tech leader’s nascent semiconductor efforts are gaining traction in its home market.

Alibaba secures China Unicom as AI chip client

China Unicom has installed Alibaba AI chips at its facility in Xining, Qinghai province In sum – what to know: Alibaba AI chips – China Unicom’s new Qinghai data center is powered partly by domestically developed processors, marking a key commercial win for Alibaba. $390M investment – The facility aims for 20,000 petaflops capacity; it […]

Alibaba wins China Unicom Deal for pingtouge AI accelerators

Alibaba Group Holdings has won China Unicom as a client for its AI chips. Per CCTV report late Tuesday, China’s second-biggest wireless carrier will use Alibaba’s Pingtouge, or T-Head AI accelerators. The carrier will place the chips in its expansive new data center in northwestern China, together w...

Alibaba shares upstairs after the large customer has landed for his AI chips

The Alibaba office building in Nanjing, the province of Jiangsu, China, on August 28, 2024. CFOTO | Future Publishing | Getty images Alibaba The shares rose on Wednesday after Chinese state media reported that the e-commerce giant had protected a large customer for his artificial intelligence chips. China Unicom will use the AI ​​accelerators of […]