u/FeralHamster8

China's Alibaba Cloud has established plans for its global expansion over the next 12 months.

The company has said it will be targeting new cloud regions in Turkey (aka Türkiye), Finland, and the Netherlands, while expanding its data center footprint in Malaysia, Germany, the United Arab Emirates, France, and Hong Kong.

Alibaba plans to train a new artificial intelligence ‌model with 5 trillion to 10 trillion parameters, Chief Executive Eddie Wu said on ⁠Tuesday, as the Chinese technology giant laid out a sweeping push across AI models, chips and data centres.

The company also unveiled Zhenwu V900 AI ‌chip, ⁠saying it is the most powerful in China with three times the performance ⁠of its predecessor.

Xi comes to Washington facing unprecedented economic headwinds at home. While he and his minions will project their usual hubris about China’s achievements, there should be no mistaking that Xi needs more US orders for Chinese goods just as much as Trump seeks increased sales of American products.

Shareholders at MiniMax overwhelmingly approved supplemental agreements with Alibaba Cloud and revised annual caps for 2026–2028.

The commerce ministry described distillation as a neutral and widely used industry practice employed by companies around the world, including American firms. It accused Washington of using national security agencies to interfere in normal commercial activity and protect US dominance in computing power and data.

The recent release of state-of-the-art Chinese AI models Kimi K3 and Z.ai’s GLM 5.2 has caused yet another “shock” for those who thought Chinese labs weren’t focused on the frontier of the technology, or even that they had fallen far behind.