Alibaba Unveils New AI Chip and Plans for More Powerful Models
Chinese technology giant Alibaba unveiled a new artificial intelligence chip and announced plans to develop more advanced generations of its AI models on Tuesday, highlighting the intensifying global competition in cutting-edge technology.
At its annual conference in Hangzhou, the company introduced the new AI chip, describing it as one of the most powerful AI processors developed in China, while also outlining plans for the next generation of its artificial intelligence models.
The announcement comes ahead of an expected meeting between Chinese President Xi Jinping and U.S. President Donald Trump, with AI leadership, trade and tariffs expected to feature among the key topics of discussion.
The move also comes as concerns grow in the United States over China’s rapid advances in artificial intelligence, as the two countries continue to compete for leadership in advanced technologies.