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Alibaba Bankrolled Kimi K3 With 20,000 Nvidia Chips: Now Qwen Is Losing to Its Own Compute - Tech Times

Tech Times Aug 2, 2026 at 12:05 PM PDT
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Alibaba invested heavily in AI chip infrastructure to build a competitor to existing AI models, but now the company's own AI model is underperforming against rivals. This illustrates the intense competition and uncertainty in the AI industry, which could affect job markets and consumer products.

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