Alibaba Group News - September 2026
Alibaba to build data centers in Europe and Turkey, fueling AI expansion
Alibaba Group Holding Ltd. will launch its first cloud data centers in Turkey, Finland, and the Netherlands over the next 12 months. The company announced the...
Alibaba Bets $53 Billion It Can Build China's AI Backbone — But Can Homegrown Chips Close the Gap With Nvidia?
Shares surged 3.5% to $119.81 as Alibaba unveiled what it calls China's most powerful AI processor at its annual cloud conference in Hangzhou, capping a 11.7%...
🟢 Alibaba Group is trading 3.51% up today after unveiling three-times-faster Zhenwu V900 AI chip
Alibaba Group is trading 3.51% up at $119.81 after unveiling the Zhenwu V900 AI chip on September 22, 2026. - Alibaba says the processor delivers three times...
🟢 Alibaba Group is trading 3.38% up in pre-market after unveiling the Zhenwu V900 AI chip
Alibaba Group is trading 3.38% up now in pre-market at $119.66 after unveiling the Zhenwu V900 AI chip. - Alibaba says the chip delivers three times the...
Alibaba Unveils China's Most Powerful AI Chip, Challenging Nvidia
Alibaba Group’s T-Head unit launched the Zhenwu V900 accelerator. Alibaba describes the hardware as China's most powerful AI chip. CEO Eddie Wu introduced the...
Alibaba Unit Probed for Unfair Competition Amid Travel Sector Crackdown
China’s State Administration for Market Regulation (SAMR) is investigating Alibaba Group unit Hangzhou Taomei Aviation Services for suspected unfair...
Alibaba Open-Sources RADAR AI, Surpassing Most Radiologists in Diagnostic Accuracy
Alibaba’s research arm, Damo Academy, open-sourced a new medical vision-language AI model named RADAR. The system analyzes contrast-enhanced abdominal CT scans...
ZRON Uses AI to Sell Stolen Foreign Intelligence to Chinese Authorities
Chinese hacker-for-hire firm Xinjiang Zhaorong Technology (ZRON) is using artificial intelligence to process and sell stolen foreign intelligence. Internal...
Moonshot AI Surpasses $1B ARR, Fueled by Low-Cost Kimi K3
Beijing-based Moonshot AI reported its annual recurring revenue (ARR) surpassed $1 billion in August. This figure represents a sharp increase from the $300...
Alibaba and Chinese AI firms accused of industrial-scale US tech theft
The NSA, FBI, and CISA issued a joint advisory accusing several Chinese AI companies of conducting industrial-scale campaigns to steal technology from top U.S....