Overview

• Alibaba said it will raise AI infrastructure spending beyond its prior 380 billion yuan three-year plan, sending shares up more than 6% to their highest level since 2021.
• Alibaba Cloud is integrating Nvidia’s full physical-AI software stack to support development of humanoid robotics and autonomous systems on a cloud-native platform.
• Alibaba unveiled updates to its AI lineup, including the Qwen3-Max model and a multimodal Qwen3-Omni, and detailed new data centers in Brazil, France and the Netherlands with further sites planned.
• Nvidia is reinforcing demand with a strategic partnership to supply at least 10 gigawatts of systems to OpenAI under an agreement valued at up to $100 billion and with a reported $5 billion investment to deepen collaboration with Intel’s x86 ecosystem.
• Huawei laid out a three-year plan to cluster Ascend chips using a new UnifiedBus interconnect—targeting systems linking up to 15,488 processors—though analysts note it still trails Nvidia on single‑chip performance and advanced process nodes.