At the Apsara Conference in Hangzhou on September 22, 2026, Alibaba CEO Eddie Wu announced plans to develop an AI model with 5 to 10 trillion parameters. This successor to the current 2.4 trillion parameter Qwen model will be two to four times larger in scale.
The company also unveiled the Zhenwu V900, a custom AI processor developed by its T-Head unit. This chip offers three times the processing power of the previous M890 model and supports clusters of up to 500,000 units to facilitate large-scale model training.
Alibaba has reported cumulative shipments of 560,000 Zhenwu chips across more than 400 customers in over 20 sectors. The company previously released the Zhenwu 810E and the M890 earlier in 2026 as part of its strategy to counter US export restrictions.
To support its AI infrastructure, Alibaba has invested over $53 billion in AI capabilities over the last three years. Furthermore, the company aims to reach a global data center capacity of more than 20 gigawatts by 2032.
