13:30
2026-07-28
scmp.com
artificial-intelligence
From CXMT to Zhipu: How Alibaba’s investment pays off with a growing AI and chip portfolio
Alibaba Group Holding's minority stake in ChangXin Memory Technologies (CXMT) is now worth more than 140 billion yuan (US$464 billion) after CXMT's listing on Monday, nearly 20 times Alibaba's reporte…