Alibaba
AI Sentiment Analysis: +5
Alibaba Unveils Zhenwu Chip Cluster and Proprietary AI Push Following ATH Restructuring
- Alibaba Cloud launched a 10,000-card Zhenwu chip cluster in Shaoguan to bolster domestic AI infrastructure independence.
- The company confirmed ownership of the viral HappyHorse video model, which recently topped global benchmark leaderboards.
- Strategic leadership shifts have consolidated AI initiatives under the new Alibaba Token Hub unit led by CEO Eddie Wu.
- Analysts remain divided on valuation with price targets ranging from $168 to $205 despite recent stock recovery.
- A pivot away from open-source development prioritizes revenue-generating proprietary models like Qwen3.6-Plus and Wan2.7.
- Michael Burry disclosed new long positions in Alibaba alongside increased bearish bets on Nvidia options.
- Updated: Apr 13, 2026, 2:18 AM PDT