TechnologyQuick read

Alibaba plans AI model with 5 trillion to 10 trillion parameters, unveils new chip

Business Recorder • • 1 min read

Alibaba plans AI model with 5 trillion to 10 trillion parameters, unveils new chip

Eddie Wu, chief executive of Alibaba Group, said on Tuesday that the company intends to build an AI system containing 5 trillion to 10 trillion parameters. Business Recorder reported that the Chinese tech firm outlined expansion plans spanning AI models, semiconductors and data centres.

The group also introduced the Zhenwu V900 chip, which it describes as the most powerful in China. Alibaba claims the processor delivers three times the performance of the model it replaces.

A separate item in the same report noted that quarterly revenue rose 9%, while adjusted profit fell short of expectations, which the group linked to heavy AI spending. Alibaba also targets global data centre capacity for Alibaba Cloud above 20 GW by 2032.

At a glance

  • Alibaba plans an AI model with between 5 trillion and 10 trillion parameters.
  • The Zhenwu V900 chip is described as the most powerful AI chip in China.
  • Alibaba Cloud targets global data centre capacity above 20 GW by 2032.

Originally reported by Business Recorder

This page is Investify's own summary. The full report, with all details and context, is on the publisher's site.

Read the full story

Want the full article here?

Log in to read the full article in the Investify reader, in English or Urdu.

Investify summarizes Pakistan Stock Exchange news in its own words and links each story to its original publisher. We always credit the source so you can read the full report and verify the details before making financial decisions.

Built for PSX investors

Business news.Every filing, summarised.

Top stories from Pakistan's business press and key findings from every PSX announcement.

Investify announcement summary with key findings from a PSX filing
Investify app home screen with Pakistan business news and PSX filings