Alibaba Cloud
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Alibaba Cloud, Apple, and Synopsys have become the latest big tech firms to join the industry group attempting to create an open standard around GPU interconnectivity. -
stc Group and Alibaba Group have established Alibaba Cloud in Riyadh, Kingdom of Saudi Arabia, with an initial capital investment of $238.3 million (SAR 894 million).
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Alibaba Cloud has launched a data centre in Frankfurt, Germany – its third in the country.
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Alibaba Group has joined the Low Carbon Patent Pledge (LCPP), an international platform that encourages the sharing of patents for low carbon technologies.
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Capacity shares five key data economy stories to watch for today.
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The cloud units of Alibaba and Baidu have been summoned by authorities in China to discuss fraud and cybersecurity.
Forthcoming events
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Alibaba Cloud is ramping up its business strategy in Thailand with the launch of a new partner alliance, education scheme and plans to set up its first hyperscale data centre.
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Alibaba Cloud says it will build its first data centre in the Philippines by the end of this year, to extend the reach of its services including elastic compute, databases, security, machine learning and data analytics.
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Capacity shares 5 key stories from around the world making headlines today!
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Alibaba’s revenue grew 64% year-over-year in the first quarter of 2021 to the equivalent of US$28.6 billion, but the company made a loss of $1.1 billion because of a fine by China’s market regulator.
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Separate reports today by Canalys and Synergy Research Group show that spending on cloud infrastructure is going up by about 35% a year to US$40 billion in the first quarter of 2021.
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China’s spending on cloud infrastructure has grown 62% year-on-year to reach $5.8 billion in the fourth quarter of 2020, with three companies having almost three-quarters of the business.
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Alibaba Cloud has unveiled a series of products at its annual Apsara Conference, highlighting the technology pioneer’s commitment in helping people adapt to the more digitised world and accelerate customers’ digital transformation during and after the pandemic.
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The artificial intelligence-enhanced innovations are based on learnings and insights gathered during the initial outbreak of the virus.
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Colt Technology Services has announced that its Dedicated Cloud Access (DCA) service now supports connectivity towards Alibaba Cloud.
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Amazon, Alibaba, Google and Microsoft accounted for 72% of the global market for IaaS and PaaS in Q3 of 2019.
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China Mobile International Limited (CMI) has announced that the latest version of the cloud-network integration platform mCloud covers more cloud service providers and is available online.
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PCCW Global and DCConnect have entered into a technology collaboration, enabling Console Connect and DCConnect customers to seamlessly leverage network services from either service provider.
