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
13:10
The Ministry of Foreign Affairs warns: Temporary restrictions for heavy vehicles in Bulgaria
13:04
Timișoara: Record fine of 45,000 lei for a driver caught throwing waste in public areas
12:47
Formula 1 veteran Lewis Hamilton says that "he has never been in such good shape"
12:45
Ariana Grande condemned the use of her song "We Can’t Be Friends (Wait For Your Love)" in a TikTok post by Trump's team.
12:38
Tourist rescued by the Prahova mountain rescuers in Bucegi after venturing on a difficult trail inadequately equipped
See more news
NEWS ON THE SAME TOPICS
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
