News Snapshot:
Chinese internet giant Alibaba on Tuesday unveiled its new chip for cloud computing, the company's latest breakthrough in the core technology sector amid the nation's push for technology self-reliance. Alibaba unveils self-developed cloud chip Yitian 710 on Tuesday. (Photo: Courtesy of Alibaba Cloud) The chipset launch will help boost the company's cloud computing business, in which it already has the largest domestic market share, while catching up with global players like Amazon and Microsoft, analysts said. Developed by Alibaba's in-house semiconductor unit Pingtouge, the chip, named Yitian 710, is based on architecture from UK-based ARM. As the most powerful ARM-based...
