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22 Sept 202611 Rabiʻ II 1448 AH
Alibaba Unveils New AI Chip and Data Center Expansion Plans

Alibaba Unveils New AI Chip and Data Center Expansion Plans

Alibaba's stock jumped nearly 3% in Hong Kong on Tuesday after the company revealed a new AI chip and plans to expand its global data center capabilities. The stock later rose by about 5.1% to its highest level in a month following the introduction of the «Geno 900» chip, which offers three times the performance of its predecessor.

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