BABA Alibaba (BABA) CEO Wu Yongming said the company targets more than 20 gigawatts of global Alibaba Cloud data-center capacity by 2032 as AI demand accelerates. The Details: · Infrastructure target: Alibaba plans to expand global cloud data-center capacity beyond 20 gigawatts by 2032. · AI investment: Wu said the company will accelerate spending on AI infrastructure amid strong demand. · New chip: Alibaba's T-Head semiconductor unit introduced the Zhenwu V900, which it cal

BABA Alibaba (BABA) CEO Wu Yongming said the company targets more than 20 gigawatts of global Alibaba Cloud data-center capacity by 2032 as AI demand accelerates. The Details: · Infrastructure target: Alibaba plans to expand global cloud data-center capacity beyond 20 gigawatts by 2032. · AI investment: Wu said the company will accelerate spending on AI infrastructure amid strong demand. · New chip: Alibaba's T-Head semiconductor unit introduced the Zhenwu V900, which it called its most powerful domestic AI chip. · Compute claim: T-Head said the V900 delivers three times the computing power of the Zhenwu M890. · Model plan: Alibaba's Qianwen team plans to train a new model with 5 trillion to 10 trillion parameters.