Alibaba Forms Joint Venture with China National Nuclear Power for AI Data Centers
Alibaba Group has formed a joint venture valued at 250 million yuan ($35.9 million) with China National Nuclear Power Co. to ensure a stable electricity supply for its AI data centers. The collaboration will focus on energy generation, while Alibaba aims to invest over $53 billion in AI development, primarily for data center construction.
Theia Market Signal Identification - AI AssistedPublished Jan 22, 2026
Alibaba Group Holding Ltd. established a joint venture worth 250 million yuan ($35.9 million) with China National Nuclear Power Co. and other partners to secure electricity for AI data centers. The partnership will focus on energy generation, although specifics were not disclosed. Alibaba plans to invest over $53 billion in AI development, primarily for data center construction.
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