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
18:24
Bogdan Ivan: "More than half of the aid provided by the state" through the reduction of the excise duty on diesel was "swallowed up" by the increases of the oil companies.
18:05
CNAB: Otopeni and Băneasa airports will be protected with anti-drone systems. The market consultation for costs has begun.
17:41
Zelensky: The window of opportunity for ending the war through diplomatic means extends until the end of summer 2027.
17:22
A judge from New York has overturned the Trump administration's measure to suspend visas for 75 countries, including Moldova and Russia.
17:02
17-year-old adolescent caught riding an unregistered motorcycle in Bucharest. After a chase, the young man hit a police vehicle and was injured.
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
