Alibaba Cloud

Alibaba Cloud is the cloud computing division of Alibaba Group, providing services such as data storage, computing power, and artificial intelligence tools to businesses.

Why it’s in the news: It is in the news for its major expansion in Europe, plans to build a vast network of data centers, and its strategy to reduce reliance on Western chips to boost AI profitability.

Latest on Alibaba Cloud

• Alibaba Cloud bets on Europe as enterprise AI goes live
• Alibaba Cloud plans six-year stroll to 20GW of datacenters, reveals chip to power them
• MiniMax expands Alibaba cloud pact as compute needs surge for training and inference
• Alibaba Cloud plans to use fewer Western chips, to boost its already huge AI margins
• Alibaba Cloud is using AI to help it use less AI
• Alibaba Cloud expands in France amid Europe’s data sovereignty push
• The Shanghai-based company planned to spend up to US$300 million on Alibaba Cloud services this year, nearly triple its original US$115 million cap, after burning through two-thirds of its budget by the end of June

Connections

8 entities linked to Alibaba Cloud across the news graph.