Alibaba stock (NYSE:BABA) experienced an increase of nearly 13% in trading on Friday, reaching approximately $135 per share. BABA stock is also up by close to 60% year-to-date. The recent increase ...

Chinese e-commerce giant Alibaba is developing a new chip for artificial intelligence (AI), according to several media reports. The move comes after the United States banned Nvidia from selling its ...

Recently China ordered Chinese companies to stop buying Nvidia chips, citing national security concerns. Around the same time, several outlets reported that Alibaba had secured China Unicom as a ...

The agreement marks broader adoption of Alibaba’s homegrown T-Head chips, positioning them as rivals to Huawei’s Ascend processors and Cambricon’s offerings. Alibaba has pledged 380 billion yuan ...