Alibaba Shares Jump 3% as New AI Chip and Data Center Plans Unveiled
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Alibaba shares jumped 3% in Hong Kong on Tuesday as the tech giant unveiled a new AI chip and plans to sharply expand its global data center capacity.
The announcement reflects Alibaba's commitment to enhancing its technological infrastructure and competitiveness in the AI sector.
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“Alibaba shares jumped 3% in Hong Kong on Tuesday as the tech giant unveiled a new AI chip and plans to sharply expand its global data center capacity”
CNBC — Alibaba shares jump as new AI chip, data center buildout plans unveiled