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Rasal

Never Give Up • 24d

Alibaba is making a massive push into artificial intelligence to challenge Nvidia. The company is investing over $53 billion in AI and cloud, launching a powerful new model called Qwen3 Max with a trillion parameters for advanced tasks like coding and autonomous agents. It has also partnered with Nvidia to work on “physical AI" including robotics and autonomous systems, while at the same time developing its own AI chips through its T-Head unit to reduce reliance on foreign technology. To support this, Alibaba is expanding globally with new data centers in countries like Brazil, France, Japan, South Korea and Dubai. These bold moves sent Alibaba’s shares up nearly 10%, signaling strong investor confidence in its AI ambitions.

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