(March 24): Alibaba Group Holding Ltd is launching a new chip for agentic AI and inference computing, adding to a portfolio of semiconductors designed to drive its artificial intelligence (AI) ambitions. The Hangzhou-based company’s research arm, Damo Academy, on Tuesday unveiled XuanTie C950, a central processor unit (CPU) based on the RISC-V architecture. Wu last year detailed his plan of having Alibaba becoming an all-stack AI technology provider, including hardware. T-Head has already made headway in securing major customers and Alibaba is preparing for a separate listing of the chip unit. RISC-V is an alternative, open source chip design and competes with architectures by Arm Holdings Plc and Intel Corp.

Source: The Edge Markets March 24, 2026 03:29 UTC