Markets· ★★★· bullish·

Alibaba Unveils V900 AI Chip to Challenge Nvidia; TAO, FET, NEAR, RENDER Rally

  • V900 triples the performance of the M890, with mass production planned for Q1 2027
  • Alibaba aims to expand data-center capacity beyond 20 GW by 2032
  • TAO traded near $323.98, FET rose 10% to $0.21 and NEAR gained 5.5% to $4.54
  • Nvidia held 55% of China's AI accelerator market in 2025, Chinese vendors 41%
Why it matters: AI infrastructure remains a major investment theme driving demand narratives for tokens like TAO, FET, NEAR and RENDER, even if Alibaba's capacity stays in-house.
Source: DailyCoin