Alibaba shares jump as new AI chip, data center buildout plans unveiled
SHENZHEN, CHINA – AUGUST 31: An illuminated Alibaba logo is displayed atop an office building on August 31, 2026, in Shenzhen, Guangdong Province, China. Alibaba is accelerating investment in artificial intelligence infrastructure, chips and models as the Chinese technology giant seeks to expand its cloud and AI businesses amid intensifying global competition. (Photo by Cheng...






