The Chinese tech giant also plans to train a new AI model and to expand data centers as Trump and Xi prepare to discuss the global AI race this week
Source: [Fortune](https://fortune.com/2026/09/22/alibaba-powerful-ai-chip-xi-trump-us/)
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The seven-year-old startup has raised a $350 million Series E to fuel its data-as-a-service approach.
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The company blames technical errors and a difference of opinion on how wages should be calculated for pay irregularities.