Alibaba shares jump as new AI chip, data center buildout plans unveiled

Shares of Alibaba jumped around 3% in Hong Kong on Tuesday after the Chinese technology giant unveiled a new artificial intelligence chip and plans to sharply expand its data center footprint, stepping up its bet on the infrastructure powering the AI boom. At its cloud unit's annual flagship... [Read Full Story on Biztoc →](https://biztoc.com/x/66bcb523cbcdc79a)