The Latest Breaking News from THead

Alibaba Shares Jump 5% as New AI Chip Delivers 3x Performance

Alibaba shares rose 5.1% after it unveiled its claimed most powerful Chinese AI chip, the Zhenwu V900, due for commercial release in 2027.

International Business Times UK · Sep 24

Rent a supernode by the hour - Alibaba brings frontier-scale AI compute to the public cloud, but only if you live in this remote Chinese province

Alibaba's new AI supernode is rentable by the hour, built entirely on Chinese silicon, and smaller than every rival it's compared to.

TechRadar · Aug 19

Alibaba is selling its gaming studio for at least $1.5 billion to help fund AI buildout, mirroring Micron's exit from consumer business — dumps entire stake in Lingxi Games, which made 'Three Kingdoms: Strategy Edition'

Alibaba has agreed to sell its game development unit, Lingxi Games, to Asian private equity firm Trustar Capital, according to an internal staff memo.

Tom’s Hardware · Aug 17

Alibaba claims it will launch a server-grade RISC-V processor this year

Alibaba continues to flex its RISC-V muscle, expects to roll-out datacenter-grade RISC-V CPU this year.

Tom’s Hardware · Mar 20, 2024