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Alibaba releases the new generation AI chip Tongtouge Zhenwu M890 and flagship model Qwen3.7-Max
** [Caixin.com]** Amid the surge in Agent application popularity, Alibaba Cloud has updated products across multiple business lines. On May 20, during the 2026 Alibaba Cloud Summit, Alibaba Group (NYSE: BABA / 09988.HK) disclosed multiple advancements in AI infrastructure and products, including the supernode server equipped with the new generation self-developed AI chip Zhenwu M890, the latest flagship model Qwen3.7-Max, and the Agent-compatible product official website "Qianwen Cloud," as well as optimizations to the model service platform BaiLian.
Since the lobster craze in March, large model business has experienced explosive growth. Alibaba Cloud states that since the beginning of this year, the company's daily average Token revenue has increased 15-fold. "In the (AI Cloud) incremental market, large language model market, and inference market, Alibaba Cloud has already captured most," said Liu Weiguang, Senior Vice President of Alibaba Cloud Intelligence Group and President of the Public Cloud Business Unit, at the media briefing after the summit. This mainly relies on the extensive customer base covered in the past, especially in finance, automotive, government affairs, and telecom industries.