Alibaba
AI Sentiment Analysis: +6
Alibaba Unveils Top-Ranked Video AI And Expands Domestic Chip Infrastructure
- Alibaba confirms HappyHorse-1.0 as the developer behind a viral video model topping global rankings.
- The company leads a $293 million funding round for ShengShu Technology to advance world model capabilities.
- A new Zhenwu-powered data center in Shaoguan deploys 10,000 domestic chips to counter US export restrictions.
- CEO Eddie Wu establishes a group-level AI committee to centralize strategy and accelerate commercialization.
- Strategic shifts prioritize revenue-generating proprietary models over open-source development across key divisions.
- Michael Burry increases his stake in Alibaba stock, signaling investor confidence despite recent volatility.
- Updated: Apr 13, 2026, 6:26 PM PDT