Alibaba unveils Zhenwu V900 chip and targets over 20 GW data center capacity by 2032

Alibaba is preparing its Zhenwu V900 proprietary accelerator for commercial release in the first quarter of 2027, claiming three times the performance of the M890. The company also targets more than 20 gigawatts of global data center capacity by 2032.

Its capital expenditures rose 75% year-on-year in the June quarter, while AI cloud revenue grew 44.9% and cloud adjusted EBITA margin reached about 12%.