Understanding the Market | Alibaba-W rose over 7% in early trading, reported to have reached a 20,000-unit NVIDIA chip a…

Alibaba-W rose over 7% in early trading, and as of the time of writing, it is up 6.24%, priced at HKD 124.3, with a transaction volume of HKD 9.057 billion. In terms of news, according to Bloomberg, the Dark Side of the Moon has reached a computing power agreement with major investor Alibaba, allowing the use of a computing power cluster composed of approximately 20,000 NVIDIA chips, which accounts for a significant portion of the total computing power of its Kimi series models. Additionally, the Dark Side of the Moon recently completed over USD 3.5 billion in Series F financing, with a valuation of USD 35 billion. As the largest internet giant investor, Alibaba has been participating since the B+ round and has invested a total of USD 800 million in subsequent rounds. Based on the latest valuation of USD 33 billion, Alibaba's share corresponds to approximately USD 5 billion, with a book profit of USD 4.2 billion

According to the Zhitong Finance APP, Alibaba-W (09988) rose over 7% in early trading, and as of the time of writing, it is up 6.24%, priced at HKD 124.3, with a transaction volume of HKD 9.057 billion.

In terms of news, Bloomberg reported that Moonlight has reached a computing power agreement with major investor Alibaba, allowing the use of a computing power cluster composed of approximately 20,000 NVIDIA chips, which accounts for a significant portion of the total computing power of its Kimi series models.

Additionally, Moonlight recently completed a Series F financing round of over USD 3.5 billion, with a valuation of USD 35 billion. As the largest internet giant investor, Alibaba has participated in every round since the B+ round, investing a total of USD 800 million. Based on the latest valuation of USD 33 billion, Alibaba's share corresponds to approximately USD 5 billion, with a book profit of USD 4.2 billion