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Alibaba’s AI and Logistics Push Sparks Share Rally

Alibaba’s AI and Logistics Push Sparks Share Rally

Author:

Global Cryptocurrency

Published:

2026-01-29 12:02:02

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BTCCSquare news:

Alibaba Group Holding Ltd. shares climbed in pre-market trading after unveiling dual strategic moves in artificial intelligence and autonomous logistics. The Chinese e-commerce giant's logistics arm Cainiao merged its self-driving unit with robovan operator Zelos Technology, creating a $2 billion entity focused on last-mile delivery automation.

Concurrently, Alibaba's semiconductor unit T-Head introduced the Zhenwu 810E processor, positioning it as a domestic alternative to Nvidia's A800 and A100 chips for AI workloads. While technical specifications remain undisclosed, the chip signals Alibaba's vertical integration strategy across cloud infrastructure and supply chain technology.

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