Alibaba's shares rose on Wednesday after Chinese state media reported that the e-commerce giant secured an important client for its artificial intelligence chips.
Adrian Rusu
International
Foto: pixabay.com/ro
Always see our news on Google
China Unicom will implement the AI accelerators developed by Alibaba's semiconductor unit, known as Pingtouge or T-Head, according to state television CCTV.
Alibaba's shares closed up over 5% in Hong Kong, while the stocks listed in the US were up over 2%.
Sources
Latest News
17:05
Norway will host the museum "The Whale", dedicated to whales
17:03
Turkey has issued an international arrest warrant for Israeli Prime Minister Benjamin Netanyahu and an Israeli citizen, as part of an investigation into the interception of the Gaza Flotilla.
16:59
Finland has opened an investigation after a plane, possibly Russian, entered its airspace.
16:57
Soldier from Prahova, accused of rape and child pornography
16:57
Ukraine has banned the broadcast of the animated series "Masha and the Bear," considered a propaganda tool of the Kremlin.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
