11:51 AM EDT, 03/24/2026 (MT Newswires) -- Alibaba ( BABA ) has introduced a central processing unit chip called the XuanTie C950 that has been designed to handle multi-step tasks carried out by artificial intelligence agents, CNBC reported Tuesday.

The CPU can achieve over 30% improvement in performance compared to some mainstream products and can be customized for specific inference patterns, according to the report.

The XuanTie C950 is based on the RISC-V architecture which is a blueprint that can be used for free as opposed to CPU blueprint created by rival Arm Holdings ( ARM ) , that companies pay royalties to use, CNBC said.

Alibaba ( BABA ) did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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