China's Alibaba announces partnership with Nvidia

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China's Alibaba announces partnership with Nvidia

Alibaba has partnered with Nvidia to focus on AI, launching new products and expanding its global data center network. Shares of Alibaba surged nearly 10% following the announcement. CEO Eddie Wu stated, "The speed of AI industry development has far exceeded our expectations."

The company plans to invest 380 billion yuan ($53 billion) in AI infrastructure over three years. New data centers will open in Brazil, France, and the Netherlands, expanding Alibaba's global reach. The firm also announced its largest AI language model, Qwen3-Max, which contains over 1 trillion parameters and excels in code generation

https://www.reuters.com/world/china/ali ... 025-09-24/