Browsing Tag
Qwen
3 posts
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.