Posture

expanding

med confidence · as of 2026-07-28 · about Alibaba

Pouring ~$53B into an AI/compute buildout + an open Zhenwu/SAIL CUDA-alternative stack — operating income collapsed absorbing the capex.

Sourced figures 2

The Register via kestrel china-stack thread ~¥380B (~$53B) AI/compute buildout + Zhenwu M890 + open Zhenwu/SAIL CUDA-alternative stack
2026-05 med
stockanalysis.com — BABA income statement operating income collapsed ¥141B->¥50B (AI capex)
2026-03 high

the working

Basis

Pouring ~$53B into an AI/compute buildout + an open Zhenwu/SAIL CUDA-alternative stack — operating income collapsed absorbing the capex.

Threads 1

China's Stack open

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Alibaba.