Alibaba Cloud serves 80% of China's tech companies and half of firms developing AI language models

[moniya12]

Alibaba Cloud's cloud computing unit aims to make AI a powerful productivity tool, "especially for small and medium enterprises," Joe Tsai said at the Apsara conference.

He also noted that the Chinese company Alibaba is the first major Internet company in the world to move its entire business to the cloud.

Alibaba
Alibaba Group Holding co-founder Joe Tsai delivers his first public speech as the new chairman of the e-commerce giant at the opening of the annual Apsara conference in Hangzhou, capital of eastern Zhejiang province, October 31, 2023.
Alibaba Group Holding's cloud computing unit is now an integral part of many Chinese tech companies and the country's efforts to develop artificial intelligence (AI), co-founder Joe Tsai said in his first public appearance since taking over as chairman of Alibaba Group Holding.

“ Currently, 80 percent of Chinese tech companies and half of the [AI] major language models of companies are running on Alibaba Cloud ,” Joe Tsai said Tuesday at the opening of the annual Apsara conference in Hangzhou, capital of the eastern province of Zhejiang. The three-day tech event ends on Nov. 2.

“ We aim to be the most open cloud in the AI ​​era ,” he said. “We anguilla email address hope that this cloud platform will make it easier and more accessible for everyone to develop and use AI . ”

Joe Tsai noted that Alibaba Cloud, which remains the leading cloud infrastructure service provider in mainland China, aims to make AI a powerful productivity tool, “especially for small and medium enterprises.”

Alibaba Cloud
Alibaba Cloud, the digital technology arm of Alibaba Group Holding, has been a major sponsor of the Olympic Games since 2017. Its technology helps improve the efficiency of major sporting events under the auspices of the International Olympic Committee
Cloud computing technology allows companies to distribute a range of software and other digital resources over the Internet as an on-demand service, just like electricity from the grid. These resources are stored and managed within data centers.

[yadaysrdone]

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