Alibaba is rapidly progressing in artificial intelligence by unveiling the Zhenwu M890 chip and launching new robotics AI models. The company has formed the Token Hub business group, led by CEO Eddie Wu, to focus strategically on AI development. However, ongoing US-China geopolitical tensions and increased regulatory scrutiny from both governments are negatively impacting Alibaba's valuation and investor sentiment. Despite these challenges, the company's strong AI growth potential and currently low valuation present an investment opportunity.
Alibaba's AI cloud revenue grew 45% year-over-year but still makes up less than 20% of total revenue, while its e-commerce growth is slowing. The company plans to increase capital expenditures to RMB 190 billion by fiscal year 2027, which will deepen...
Alibaba announced plans to spin off its semiconductor subsidiary T-Head through a public offering on the Hong Kong Stock Exchange, pending regulatory approval. The company confidentially filed for the listing on September 11 but has not disclosed the...
