HomeNewsOpinionAlibaba shows gap between chip haves and have-nots

Alibaba shows gap between chip haves and have-nots

Some leading companies like OpenAI, Alphabet Inc, Anthropic and Meta Platforms Inc have plenty of GPUs. Alibaba, with $63 billion in cash and annual free cash flow topping $27 billion, finding itself caught short on one of the most important facets of its most-promising business, have led investors to dump the stock, wiping out close to $25 billion in market value in a matter of days

Tim Culpan
November 21, 2023 / 09:39 IST
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Alibaba can’t afford to fall behind in the AI race, which means it simply cannot let itself be GPU-poor.
Tim Culpan is a technology columnist for Bloomberg Opinion. Based in Taipei, he writes about Asian and global businesses and trends. Views are personal, and do not represent the stand of this publication
first published: Nov 21, 2023 09:39 am

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