Alibaba Cloud cuts prices by up to 10.2% in Frankfurt, Tokyo, and Dubai as it expands globally with new data centers in Brazil, France, and the Netherlands to compete with AWS, Microsoft, and Google.
Alibaba plans to ramp up AI spending past its original $53 billion target as CEO Eddie Wu anticipates a $4 trillion global AI market over the next five years.
China Unicom has built a large data center using AI chips from Alibaba and others to reduce reliance on foreign technology.
China banned Nvidia AI chips (RTX Pro 6000D, H20) for top tech firms like ByteDance & Alibaba. This boosts its domestic chip industry as local AI chips are now seen as comparable or better than Nvidia's allowed models. Companies must now use homegrown solutions.
China is accelerating homegrown AI chip development to counter US restrictions. Alibaba, MetaX, and Huawei are innovating with new chips for inference, though advanced AI model training remains a challenge. Despite hurdles, experts believe China could soon rival US AI tech.
