Alibaba and China Telecom are launching a data center in southern China powered by the e-commerce giant's own chips, as the country ramps up its focus on homegrown AI infrastructure. CNBC's Kristina Partsinevelos has the details.

Alibaba (BABA, Financials) has launched a new artificial intelligence data center powered by its own semiconductors, marking a significant step in China's push

BABA faces a tough recovery as slowing e-commerce growth, weak CMR gains and plunging profits highlight mounting pressure on its core business.

Alibaba is ramping up AI efforts with new chips and a data center buildout as it tries to compete with U.S. rivals like Nvidia and Anthropic.

Alibaba (NYSE: BABA) shares surge on easing tensions and major AI rollout, signaling China's growing tech independence.

Alibaba and China Telecom launched a data center in China designed for AI training and inferencing. The data center is powered by Alibaba's self-developed Zhenwu AI semiconductors.

Alibaba Group Holding Limited (NYSE: BABA - Get Free Report) has earned an average rating of "Moderate Buy" from the twenty-two ratings firms that are presently covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and sixteen have assigned a buy recommendation to the company. The average 12

One was the U.S. government, which was apparently mulling limits on exports of cutting-edge AI chips. Another was the company's own performance, as third-quarter results missed analyst estimates.

Zacks.com users have recently been watching Alibaba (BABA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Alibaba's massive AI spending is crushing profits and cash flow, raising doubts about whether BABA's long-term bet can justify near-term financial pain.