The development of artificial intelligence (AI) is closely related to electric power energy. Last year, the Alibaba Group made a bet on new nuclear energy, and recently it has also invested in traditional nuclear power projects. According to domestic media &#34;Science and Technology Innovation Board Daily,&#34; citing business information from the Qichacha APP, China Nuclear (Xiangshan) Nuclear Energy Co., Ltd. was recently established, jointly held by China Nuclear Power's subsidiary China Nuclear Zheneng Energy Co., Ltd., Hongrun Construction, Yageo Group Co., Ltd., and Alibaba's Shanghai Yiqi Network Technology Co., Ltd.
The report pointed out that the legal representative of China Nuclear (Xiangshan) Nuclear Energy is Zhong Hua, with a registered capital of 250 million RMB. Its business scope includes power generation, transmission, supply (distribution) of electricity, radiation monitoring, inspection and testing services, heat production and supply, business training, power generation technology services, and engaging in investment activities.
<h2>Last Year Also Bet on New Nuclear Energy</h2>
The report noted that the Alibaba Group had previously invested in the nuclear energy sector, including direct funding for controllable nuclear fusion technology developer Nova Fusion, as well as Ant Group's investment in another controllable nuclear fusion developer Xingneng Xuanguang. The recent stake in China Nuclear (Xiangshan) Nuclear Energy marks Alibaba's formal entry into the traditional nuclear power industry.
Regarding Alibaba's strategic intentions, Pan Helin, a member of the Information and Communication Economic Expert Committee of the Ministry of Industry and Information Technology, stated that this move considers both financial investment and strategic layout, which can be summarized into four core objectives: stable financial investment returns, early positioning in future markets, building a collaborative ecosystem in the supply chain, and leveraging regional capital for collaborative efforts. Relying on Alibaba's influence in the capital market, it can attract more private capital from the Yangtze River Delta to participate in the nuclear energy industry, promoting technological iteration and upgrading in the sector.
Li Chengdong, founder of Dolphin Research, pointed out that unlike the energy supply and demand pattern in the United States, the electricity supply in mainland China is relatively sufficient. Alibaba's investment this time is not due to its own energy shortage needs, but more in response to the national energy technology innovation strategy, using capital power to support breakthroughs and development in domestic nuclear energy technology

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Alibaba recently acquired a stake in China National Nuclear Corporation (Xiangshan) Nuclear Energy Co., Ltd., marking its official entry into the traditional nuclear power industry. The company is jointly held by Alibaba and other enterprises, with a registered capital of 250 million yuan. Experts analyze that Alibaba's investment aims to achieve financial returns, lay out future market strategies, build a supply chain ecosystem, and promote innovation and development in nuclear energy technology. This move is not only a financial investment but also a response to the national energy technology innovation strategy

- Alibaba has recently entered the traditional nuclear power sector by participating in the establishment of China Nuclear (Xiangshan) Nuclear Energy Co., Ltd., alongside partners such as CNNC Zhejiang Energy and Hongrun Construction.  
- The investment aims to achieve stable financial returns, establish a market position, build a collaborative supply chain ecosystem, and leverage Alibaba's influence to attract more private capital in the Yangtze River Delta for nuclear energy development.  
- This move aligns with China's strategy for innovation in energy technology, rather than addressing any immediate energy shortages for Alibaba itself.

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Alibaba invests in traditional nuclear power projects, analysis suggests capital strength will drive technological breakthroughs