Search results for Eddie Wu
AI & Enterprise
Alibaba triples registered capital at AI chip unit T-Head
Alibaba has increased the registered capital of its semiconductor unit T-Head to 1 billion yuan from 300 million yuan, stepping up investment in AI chips. The move is its first capital increase for T-Head in about three years. Alibaba is placing chips at the center of its AI strategy and plans to combine T-Head-designed semiconductors with Alibaba Cloud and Qwen-based models. The company has also disclosed new chip products and shipment figures.
AI & Enterprise
Alibaba Cloud starts first France data centre, builds third Europe hub
Alibaba Cloud has opened its first data centre in France, establishing its third European base after Germany and Britain. The facility, located in Paris, is intended to address rising demand for data sovereignty and local cloud services, the company said. Alibaba Cloud also plans to roll out agentic AI services across Europe in the second half of this year. The move comes as European firms and regulators put greater emphasis on keeping data stored domestically or within the region.
AI & Enterprise
Alibaba says it has finished early-stage AI investment and enters full commercialisation
Alibaba says it has moved beyond the early phase of artificial intelligence investment and entered full-scale commercialisation, positioning AI and cloud as its next core growth pillars. In a shareholder letter, Chairman Joe Tsai and CEO Eddie Wu call this a major inflection point for artificial general intelligence. The company cites a full-stack AI ecosystem and rising cloud and AI-related revenue as it accelerates a business reshuffle amid slower commerce growth.
