Alibaba Group News - April 2026
Alibaba Deploys 10,000-Card AI Cluster, Restructures to Lead Tech Race
Alibaba deployed a 10,000-card intelligent computing cluster powered by its in-house Zhenwu AI chips. This project is a collaboration with China Telecom to...
🟢 BABA is trading 7.63% up today on a global market rally following U.S.-Iran ceasefire developments
BABA is trading at $128.86 (+7.63%) in pre-market, surging alongside a global market rally triggered by positive developments regarding a U.S.-Iran...
Huawei secures bulk AI chip orders, fueling China’s next-gen DeepSeek model
Alibaba, ByteDance, and Tencent have placed bulk orders for Huawei’s new Ascend 950PR artificial intelligence chip. These orders reportedly total hundreds of...
Alibaba launches Qwen3.6-Plus, targeting autonomous coding to drive AI revenue
Alibaba Group launched Qwen3.6-Plus, marking its third proprietary AI model release in three days. The company designed this closed-source model to monetize...