Alibaba
Alibaba runs China's largest cloud, Alibaba Cloud, develops the Qwen AI models and designs chips through T-Head. It operates worldwide.
BABAHangzhou, ChinaClouds & neoclouds; also ai labs, chip designersChina band, with global operations
Exposure ≈$1.4B: $1.4B funded, $0 committed, $0 contingent (a maximum, not an expected loss).
Buys from
Shanghai Century Litong supplies Alibaba
Shanghai Century Litong rents AI computing capacity to Alibaba.
Money
Invests in Moonshot AI · $800M
Alibaba led a US$1 billion funding round for Moonshot in February 2024 and acquired a reported 36% stake.
Invests in MiniMax · $600M
Alibaba Group led a $600 million financing round for MiniMax in March 2024, which gave it a valuation of $2.5 billion.
Invests in Cambricon
Alibaba Group was an early investor in Cambricon, and was reported in 2023 to have sold all its shares.
Invests in Zhipu AI
Alibaba Group took part in a 2.5 billion yuan funding round for Zhipu AI in 2023, together with Tencent and other investors.