Alibaba (09988.HK) extended gains, rising over 5% after CEO Wu Yongming said at the Yunqi Conference the company will fully commit to building AI infrastructure and targets Alibaba Cloud‑operated global data center capacity exceeding 20 GW by 2032.

2026-09-22

Alibaba (09988.HK) extended gains, rising over 5% after CEO Wu Yongming said at the Yunqi Conference the company will fully commit to building AI infrastructure and targets Alibaba Cloud‑operated global data center capacity exceeding 20 GW by 2032.