Alibaba on Tuesday announced a new chip designed for agentic capabilities as the Chinese tech giant steps up its semiconductor efforts to fuel its AI push.The XuanTie C950 is a type of chip called a central processing unit (CPU), which Alibaba said will be able to handle the processing of multi-step tasks carried out by AI agents. The term agent refers to an AI system that can carry out a task on behalf of users. The CPU will be installed in data centers and is designed for inferencing, the stage that allow ...

Alibaba Group Holding Limited (NYSE:BABA) has announced its next-generation XuanTie C950 5-nanometer processor, marking a significant stride towards agentic AI.On Tuesday, Alibaba revealed the 3.2 GHz server chip at an internal conference. The chip, constructed using open-source RISC-V chip architecture, was hailed as “the highest performing RISC-V CPU in the world” at the conference hosted by DAMO Academy, Alibaba’s research arm, Reuters reported.The XuanTie C950 delivers over three times the performance o ...