[5/20 04:00] Alibaba Zhenwu M890 AI chip and Qwen3.7-Max LLM unveiled / OpenAI commits $234 million for Singapore applied AI lab

AI News Flash for May 20, 2026 at 04:00 UTC. Topics: 1. Alibaba Zhenwu M890 AI chip and Qwen3.7-Max LLM unveiled https://www.cnbc.com/2026/05/19/alibaba-reveals-more-powerful-zhenwu-ai-chip-new-llm.html 2. OpenAI commits $234 million for Singapore applied AI lab https://www.bloomberg.com/news/articles/2026-05-20/openai-commits-234-million-for-new-ai-lab-in-singapore 3. Amkor Technology Arizona advanced packaging expansion https://finance.yahoo.com/sectors/technology/articles/amkor-technology-expands-u-advanced-020900793.html 4. Credo Technology stock surges 8% on AI optical interconnect momentum https://finance.yahoo.com/markets/stocks/articles/credo-technology-crdo-soars-8-031856193.html