Browsing Tag
Qwen
4 posts
Alibaba opens two Amsterdam cloud data centres as European AI expansion gains momentum
Alibaba Cloud has launched its first public cloud region in the Netherlands, supported by two operational data centres in Amsterdam. The expansion strengthens its European AI infrastructure presence, but competition, regulatory requirements and the economics of local computing capacity will determine whether the investment produces sustainable international growth.
Alibaba unveils Zhenwu V900 chip and targets 20GW of AI cloud capacity
The Chinese technology group is pairing a more powerful in-house accelerator with larger Qwen models and a major data-centre expansion, testing whether full-stack control can turn AI demand into durable cloud growth.
Alibaba raises HK$80bn for AI as 9.8% share plunge tests investor patience
Alibaba Group has priced the largest primary follow-on share offering in Hong Kong history, directing the entire HK$80 billion raise toward artificial intelligence after quarterly AI infrastructure spending helped drive free cash flow deeply negative.
Nebius (NBIS) strikes $643m Eigen AI acquisition to anchor inference at Token Factory
Nebius has the compute. It needed the inference moat. The $643 million Eigen AI deal is how Token Factory plans to outprice Together AI and Fireworks.