Alibaba Drops 4.5% as Ten-Trillion Parameters Raise the Power Bill

Alibaba Group NYSE:BABA, the Chinese commerce and cloud AI company, outlined its next AI push as its U.S. shares fell about 4.5% to $111.105 Wednesday morning. The plan pairs a model with 5 trillion to 10 trillion parameters with a new chip built to handle larger AI workloads.The chip, called Zhenw…