The Latest Breaking News from Alibaba Cloud

Alibaba Cloud claims its new Aegaeon pooling system reduced the number of Nvidia GPUs required to serve large language models by 82% during a multi-month beta test inside its Model Studio marketplace.

Alibaba Group Holding (NYSE:BABA) has introduced a new computing pooling system called Aegaeon, which dramatically reduces the reliance on Nvidia (NASDAQ:NVDA) GPUs by 82% for AI models.

X Square Robot, a Shenzhen-based humanoid startup, secured approximately $100 million in funding led by Alibaba Group Holding (NYSE:BABA) through Alibaba Cloud in a deal that strengthens the company's expansion in the robotics market.

Alibaba Group (NYSE:BABA) released its latest artificial intelligence model on Friday. It unveiled Qwen3-Next, an architecture designed to deliver ten times more performance at just a tenth of the cost of its predecessor.

As global tech giants increasingly pivot to digital ecosystems, industry leaders like Alibaba Group Holding Ltd (NYSE:BABA) are capitalizing on the shift by enhancing their cloud services and expanding e-commerce capabilities. This strategic focus is particularly crucial as companies navigate evolving consumer behaviors and competitive pressures in the tech landscape.

With strong momentum in both its core e-commerce operations and its fast-growing AI-driven cloud computing division, Alibaba is laying a solid foundation for sustainable growth.

Wang Jian, the founder of Alibaba Group Holding Ltd.’s (NYSE:BABA) cloud and AI unit, expressed that exorbitant salaries for AI talent are not essential for true innovation.

Alibaba Group (NYSE:BABA) stock is trading lower on Friday amid reports indicating the e-commerce juggernaut and other major Chinese tech firms have slashed the prices of AI coding models to roughly one-fifth of what leading international rivals charge.

Alibaba Cloud marks 10 years with major AI expansion in Singapore, launching new data centres in Malaysia and the Philippines.