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Benzinga

Business

Dylan Berman

What's Going On With Alibaba Shares Wednesday?

Alibaba BABA China Unicom Alibaba Group Holding Limited Artificial Intelligence China

Alibaba Group Holding Ltd.

Alibaba Group Holding Limited (NYSE:BABA) shares are trading higher Wednesday after reports indicating the company secured China Unicom as a major client for its artificial intelligence (AI) chips.

What To Know: According to Bloomberg, Alibaba has signed a contract with China Unicom — the country's No. 2 wireless carrier — to deploy its "T-Head" or Pingtouge AI accelerators in a new datacenter in northwestern China, alongside chips from MetaX and Biren Technology.

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Top stories on inkl right now

Houston Pharmacy Behind Recalled Compounded Tirzepatide Vials Drew 14 FDA Inspection Observations, Including Exposed Skin and Research-Grade Ingredients

Houston Pharmacy Behind Recalled Compounded Tirzepatide Vials Drew 14 FDA Inspection Observations, Including Exposed Skin and Research-Grade Ingredients

FDA inspectors cited 14 sterility and manufacturing concerns at Houston RX, the maker of recalled compounded tirzepatide. What GLP-1 users should check.

Ukrainians and Sudanese Keep TPS Protections as Salvadorans Face Similar Limbo

Ukrainians and Sudanese Keep TPS Protections as Salvadorans Face Similar Limbo

Ukrainian and Sudanese immigrants covered by Temporary Protected Status will retain their deportation protections and work permits beyond the programs' scheduled Oct. 19 expiration, according to CBS News, entering the same uncertain wait that Salvadorans have faced since their own deadline passed last month.

Mississippi woman keeps $1.2m farm despite ex-husband’s claim after using it to finance their home

Mississippi woman keeps $1.2m farm despite ex-husband’s claim after using it to finance their home

Ellen Harrison successfully retained sole ownership of her 432-acre Butler Road Farm after her divorce from Wiley Harrison. The Mississippi Court of Appeals upheld the lower court's ruling classifying the farm as non-marital property, given its purchase before their marriage. Wiley challenged the ruling, claiming marital asset status due to…

The Times of India

Three deaths from float crushes raise safety concerns over Japanese festivals

Three deaths from float crushes raise safety concerns over Japanese festivals

Deputy mayor of Saijo died after becoming trapped under float, days after two similar incidents elsewhere

The Guardian - UK

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Sticker tycoon. Trump cheerleader. Rapper. Congressman?

Sticker tycoon. Trump cheerleader. Rapper. Congressman?

Anthony Constantino wants to fill Elise Stefanik’s seat in New York. But his lead in the formerly Trump-loving district is narrowing

The Guardian - US

The European cities facing protests from Paris to Milan as continent gripped by cost of living crisis

The European cities facing protests from Paris to Milan as continent gripped by cost of living crisis

Mass protests over the rising cost of living and worsening standards have thrown Europe into turmoil

The Independent UK

Related Stories

Top stories on inkl right now

Houston Pharmacy Behind Recalled Compounded Tirzepatide Vials Drew 14 FDA Inspection Observations, Including Exposed Skin and Research-Grade Ingredients

Houston Pharmacy Behind Recalled Compounded Tirzepatide Vials Drew 14 FDA Inspection Observations, Including Exposed Skin and Research-Grade Ingredients

FDA inspectors cited 14 sterility and manufacturing concerns at Houston RX, the maker of recalled compounded tirzepatide. What GLP-1 users should check.

Ukrainians and Sudanese Keep TPS Protections as Salvadorans Face Similar Limbo

Ukrainians and Sudanese Keep TPS Protections as Salvadorans Face Similar Limbo

Ukrainian and Sudanese immigrants covered by Temporary Protected Status will retain their deportation protections and work permits beyond the programs' scheduled Oct. 19 expiration, according to CBS News, entering the same uncertain wait that Salvadorans have faced since their own deadline passed last month.

Mississippi woman keeps $1.2m farm despite ex-husband’s claim after using it to finance their home

Mississippi woman keeps $1.2m farm despite ex-husband’s claim after using it to finance their home

Ellen Harrison successfully retained sole ownership of her 432-acre Butler Road Farm after her divorce from Wiley Harrison. The Mississippi Court of Appeals upheld the lower court's ruling classifying the farm as non-marital property, given its purchase before their marriage. Wiley challenged the ruling, claiming marital asset status due to…

The Times of India

Three deaths from float crushes raise safety concerns over Japanese festivals

Three deaths from float crushes raise safety concerns over Japanese festivals

Deputy mayor of Saijo died after becoming trapped under float, days after two similar incidents elsewhere

The Guardian - UK

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Sticker tycoon. Trump cheerleader. Rapper. Congressman?

Sticker tycoon. Trump cheerleader. Rapper. Congressman?

Anthony Constantino wants to fill Elise Stefanik’s seat in New York. But his lead in the formerly Trump-loving district is narrowing

The Guardian - US

The European cities facing protests from Paris to Milan as continent gripped by cost of living crisis

The European cities facing protests from Paris to Milan as continent gripped by cost of living crisis

Mass protests over the rising cost of living and worsening standards have thrown Europe into turmoil

The Independent UK

Our Picks

Selena Gomez reveals vaping nicotine has changed her voice

The singer and actress, 34, told how she has since quit vaping and encouraged others to do the same.

Evening Standard

Missing for 69 Years, royal tiara heads to auction for $1.3M

A diamond tiara known as the Mellerio Orléans Tiara will be auctioned on November 11 in Geneva. Originally crafted in 1862 for a royal exhibition, it features a Greek Revival design. After being lost for nearly 69 years, it is expected to fetch between $946,000 and $1.33 million. The tiara…

The Times of India

Sweet corn can turn dark after home canning even when it was processed correctly; natural compounds can react with iron and air to create the unexpected colour

Sweet corn may develop brown or black hues after home canning due to chemical reactions. These color changes often occur without spoilage, despite proper canning practices. The reactions involve enzymes and minerals, which can influence the corn's appearance. High-quality water and appropriate processing temperatures are crucial for maintaining color. It…

The Economic Times

Emperor of Nothing by Blake J Harris review – the definitive portrait of Larry David

The Seinfeld creator went from luckless standup to multi-millionaire – but what’s his secret?

The Guardian - UK

'I've never had a real job': Shaq talks building his brand through ads, and says he hates 'wealthy athletes' who show off. It 'makes me sick'

The NBA legend explains how his endorsements built his brand and why he turned down Wheaties because he doesn't endorse what he doesn't believe in.

SNL UK obliterates controversial US comedian Shane Gillis in foul-mouthed sketch

US comedian sparked wave of controversy after joking that ‘women dress like whores now’

The Independent UK

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