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The company plans to launch its first indigenous AI interference chip - 'AliNPU' - in the second half of 2019, Chief Technology Officer Zhang Jianfeng said at Alibaba's annual cloud computing conference in Hangzhou.

The company's website was down Wednesday.

The company's latest move includes the opening of an AI and internet of things lab in May 2019, the third and largest of its kind in the world. The first batch of 30 clients stand to benefit from turning prototyping into products by leveraging Microsoft's AI and IoT solutions, said Lin Miaojing, project director of the Microsoft AI and IoT lab.

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The company said it made a major breakthrough this year by launching its duplex stainless steel products－high-strength steel with lots of chromium－in Europe's high-end materials market.

The company’s cloud arm, AWS, and virtual assistant, Alexa, are also high-growth businesses that Amazon is prioritizing. Amazon Prime has long been one of the company’s core offerings. The membership program has grown to more than 100 million subscribers. Under Lindsey’s leadership, Amazon will continue to expand its one-day and same-day delivery services.

The company’s fulfillment centers are also in the spotlight in a different way following Amazon.com’s big profit miss yesterday. Thomas Szkutak, the company’s chief financial officer, explained on a conference call with analysts that the company is adding centers at a rapid pace to keep up with its growing business, contributing to increased expenses that are cutting into its bottom line.

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The company’s stepped-up climate strategy follows repeated and ongoing calls for leadership made by Amazon employees themselves.

The company imports more than 1,000 TEUs (twenty-foot equivalent units, a measure of containers used by the shipping industry) of wood planks a month. Until recently, it used to transport the planks from Shanghai's Yangshan port to Taicang by truck.

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The company said that its Latin American market is rapidly expanding, and other BYD solutions such as its pure electric buses, taxis and trucks are successfully serving markets in many countries across the region, including Chile, Brazil, Colombia, Argentina, Peru and Uruguay. Globally, BYD's electric vehicles have spread to over 300 cities in more than 50 countries and regions.

The company's sales increased by 15 percent in the first half of this year, according to Yang. "Though the window of the US market is closing, other markets are opening wider. We put forward new products constantly to meet the demands and expand our markets," he said.