Alibaba expands its cloud business with new data centres in Asia, competes with Amazon
By MYBRANDBOOK
Alibaba plans to open its first data centers in South Korea and Thailand in 2022 as the Chinese technology giant looks to expand its cloud business further overseas.
The company launched a new server chip called Yitian 710 that will go into servers called Panjiu, designed to power artificial intelligence computing as well as for general purpose storage on Alibaba’s cloud.
The e-commerce giant, being the top cloud computing player in China, has previously focused on expanding its footprint internationally, particularly into other areas of Asia, including Singapore, the Philippines and Indonesia.
Cloud computing is seen as a key profit driver for Alibaba over the long term, though it accounts for around 8% of the company’s total revenue at the moment. E-commerce remains its core business.
Alibaba announced the plans recently at its Apsara Conference along with a number of other new cloud products, hoping the custom chips can help it stand out from its competitors in the cloud computing market. With this, Alibaba cloud expansion has focused in Asia to compete against Amazon and Microsoft.
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Icons Of India : Anil Agarwal
Anil Agarwal, the Founder and Chairman of Vedanta Resources Ltd., is r...
ICONS OF INDIA : RAMESH NATRAJAN
Ramesh Natarajan, CEO of Redington Limited, on overcoming ‘technolog...
ICONS OF INDIA : RAJIV MEMANI
As Chair of the EY Global Emerging Markets Committee, Rajiv connects e...
IREDA - Indian Renewable Energy Development Agency Limited
IREDA is a specialized financial institution in India that facilitates...
HPCL - Hindustan Petroleum Corporation Ltd.
HPCL is an integrated oil and gas company involved in refining, market...
DRDO - Defence Research and Development Organisation
DRDO responsible for the development of technology for use by the mili...
Indian Tech Talent Excelling The Tech World - Aman Bhutani, CEO, GoDaddy
Aman Bhutani, the self-taught techie and CEO of GoDaddy, oversees a co...
Indian Tech Talent Excelling The Tech World - Rajiv Ramaswami, President & CEO, Nutanix Technologies
Rajiv Ramaswami, President and CEO of Nutanix, brings over 30 years of...
Indian Tech Talent Excelling The Tech World - Shantanu Narayen, CEO- Adobe Systems Incorporated
Shantanu Narayen, CEO of Adobe Systems Incorporated, is renowned for h...