China's Alibaba unveils new powerful chip and ambitious AI model plans
HONG KONG — China’s Alibaba unveiled new artificial intelligence chip technologies and plans for more powerful models on Tuesday, including what it said was China’s most powerful AI chip, days ahead of a meeting between Chinese and U.S. leaders at which competition to lead on AI technology is expected to be a major theme.

TL;DR
- Alibaba unveiled new artificial intelligence chip technologies.
- The company announced plans for more powerful AI models.
- Alibaba claims to have developed China's most powerful AI chip.
- The announcement precedes a meeting between Chinese and U.S. leaders focused on AI technology competition.