Alibaba announced new AI technologies at its annual flagship conference in Hangzhou, including a chip it calls the Zhenwu V900, which it says delivers three times the performance of its predecessor. The company also outlined plans for an AI model with five to ten trillion parameters, aiming to close the gap with leading U.S. models. The announcement came days before Chinese leader Xi Jinping’s planned state visit to Washington, where AI competition between the two countries is expected to be a central topic.
