Alibaba Cloud

Cloud Storage Market worth $234.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, February 6, 2024

In the era of cloud storage, these applications have undergone a transformative evolution, leveraging cloud storage solutions to enhance their agility, scalability, and performance.

Key Points: 
  • In the era of cloud storage, these applications have undergone a transformative evolution, leveraging cloud storage solutions to enhance their agility, scalability, and performance.
  • Based on offering, Storage type holds a higher market share in the Cloud Storage Market during the forecast period.
  • Cloud storage vendors offer customized cloud storage types to meet property managers' real-time and complex requirements.
  • To define, describe, and forecast the global Cloud Storage Market based on offering, use case, deployment model, organization size, vertical, and region.

Cloud Storage Market worth $234.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, February 6, 2024

In the era of cloud storage, these applications have undergone a transformative evolution, leveraging cloud storage solutions to enhance their agility, scalability, and performance.

Key Points: 
  • In the era of cloud storage, these applications have undergone a transformative evolution, leveraging cloud storage solutions to enhance their agility, scalability, and performance.
  • Based on offering, Storage type holds a higher market share in the Cloud Storage Market during the forecast period.
  • Cloud storage vendors offer customized cloud storage types to meet property managers' real-time and complex requirements.
  • To define, describe, and forecast the global Cloud Storage Market based on offering, use case, deployment model, organization size, vertical, and region.

Alibaba Cloud Unveils Serverless Solution to Harness Gen-AI Capabilities for Enterprises

Retrieved on: 
Monday, February 5, 2024

In March 2024, the serverless version is scheduled to expand its capabilities to support the deployment of prominent open-source LLMs and models from Alibaba's AI model community, ModelScope.

Key Points: 
  • In March 2024, the serverless version is scheduled to expand its capabilities to support the deployment of prominent open-source LLMs and models from Alibaba's AI model community, ModelScope.
  • "Alibaba Cloud continues to remain at the forefront of AI and cloud technology innovation.
  • To foster enhanced creativity among designers, Alibaba Cloud has introduced PAI-Artlab, a comprehensive platform for model training and image generation.
  • These new models are based on the open-source Tongyi Qianwen LLMs, namely the Qwen-7B and Qwen-14B, developed by Alibaba Cloud.

Alibaba Cloud Unveils Serverless Solution to Harness Gen-AI Capabilities for Enterprises

Retrieved on: 
Monday, February 5, 2024

SINGAPORE - Media OutReach Newswire - 30 January 2024 - Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, unveiled a serverless version of its Platform for AI (PAI)-Elastic Algorithm Service (EAS), designed to offer a cost-efficient solution for model deployment and inference to individuals and enterprises.

Key Points: 
  • SINGAPORE - Media OutReach Newswire - 30 January 2024 - Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, unveiled a serverless version of its Platform for AI (PAI)-Elastic Algorithm Service (EAS), designed to offer a cost-efficient solution for model deployment and inference to individuals and enterprises.
  • "Alibaba Cloud continues to remain at the forefront of AI and cloud technology innovation.
  • To foster enhanced creativity among designers, Alibaba Cloud has introduced PAI-Artlab, a comprehensive platform for model training and image generation.
  • These new models are based on the open-source Tongyi Qianwen LLMs, namely the Qwen-7B and Qwen-14B, developed by Alibaba Cloud.

Ververica Showcased Data Stream Processing at AliCloud AI and Big Data Summit, Singapore

Retrieved on: 
Tuesday, January 30, 2024

Ververica , a leading player in the data analytics and stream processing industry, showcased its leadership in the industry by participating in the AliCloud AI and Big Data Summit today in Singapore.

Key Points: 
  • Ververica , a leading player in the data analytics and stream processing industry, showcased its leadership in the industry by participating in the AliCloud AI and Big Data Summit today in Singapore.
  • Alexander Walden, CEO of Ververica, presented at the summit, focusing on the company's latest strides in enhancing big data with stream processing and real-time analytics.
  • View the full release here: https://www.businesswire.com/news/home/20240130926718/en/
    Alexander Walden, CEO of Ververica presented at AliCloud AI and Big Data Summit, Singapore (Photo: Business Wire)
    The focus of Walden’s talk delved into Ververica’s breakthrough in transforming high-latency batch jobs into real-time stream processing - a game-changer for companies looking to leverage their data more effectively and affordably.
  • “Our technology is not just about processing data faster; it's about enabling companies to get the most bang for their buck by making informed decisions in real-time.”
    The AliCloud AI and Big Data Summit is an esteemed gathering of industry leaders, technologists, and innovators, focusing on the latest trends and advancements in AI and Big Data.

Alibaba Cloud Supports the First Winter Youth Olympic Games in Asia to Enhance Efficiency and Engagement

Retrieved on: 
Tuesday, January 30, 2024

As the official cloud services partner of the IOC, Alibaba Cloud continues to foster a more efficient Winter Youth Olympic Games and maximise the engagement for sports fans.

Key Points: 
  • As the official cloud services partner of the IOC, Alibaba Cloud continues to foster a more efficient Winter Youth Olympic Games and maximise the engagement for sports fans.
  • As Asia's first Winter Youth Olympic Games, the Gangwon 2024 Organizing Committee has deployed its major platforms for operations, including the staff management portal and ticketing system, on Alibaba Cloud's scalable and secure cloud infrastructure to optimize efficiency.
  • The digital flame, displayed at a 8.6m*2.5m*2.7m physical "cauldron" stationed at the Olympic Park in Gangwon, is to be lit throughout the Winter Youth Olympic Games.
  • To inspire the young generation in South Korea to unleash their creativity, the Gangwon 2024 Organizing Committee have partnered with Alibaba Cloud to host the "Gangwon 2024 Winter Youth Olympic Games Alibaba Cloud Hackathon".

Intel Reports Fourth-Quarter and Full-Year 2023 Financial Results

Retrieved on: 
Thursday, January 25, 2024

IFS won a key design award with a new high-performance computing customer, its fourth external Intel 18A customer win in 2023.

Key Points: 
  • IFS won a key design award with a new high-performance computing customer, its fourth external Intel 18A customer win in 2023.
  • In DCAI, momentum with Intel’s 4th Gen Intel® Xeon® Scalable processor remains strong, with more than 2.5 million units shipped since its introduction in January 2023.
  • In client computing, Intel ushered in the age of the AI PC with Intel® Core™ Ultra processors.
  • Intel announced at CES 2024 the full Intel® Core™ 14th Gen mobile and desktop processor lineup, as well as the new Intel® Core™ mobile processor Series 1 family for performant mainstream thin-and-light mobile systems.

FPT Software Becomes Alibaba Cloud Managed Service Partner, Boasting New Cooperation Prospects

Retrieved on: 
Thursday, January 25, 2024

Global leading technology company FPT Software recently announced a partnership with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, solidifying its position as a Global Managed Service Partner (MSP).

Key Points: 
  • Global leading technology company FPT Software recently announced a partnership with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, solidifying its position as a Global Managed Service Partner (MSP).
  • View the full release here: https://www.businesswire.com/news/home/20240124421661/en/
    As part of the Alibaba Cloud International MSP Program, FPT Software’s Alibaba Cloud expertise is now further bolstered with customized enablement support, technical support, and training from the leading cloud provider, covering a variety of vertical solutions in both public and hybrid cloud.
  • FPT Software targets to have 100 Alibaba Cloud-certified resources by 2025 to facilitate the rising business demands of Alibaba Cloud in MEA and APAC.
  • Alibaba Cloud is a leading global cloud service provider, currently operating 89 available zones in 30 regions worldwide.

Kingsoft Announces 2023 Third Quarter Results

Retrieved on: 
Tuesday, November 21, 2023

HONG KONG, Nov 21, 2023 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company", HKEx stock code: 03888), a leading Chinese software and internet service company, has announced its unaudited quarterly results for the three months ended 30 September 2023 ("period under review").

Key Points: 
  • HONG KONG, Nov 21, 2023 - (ACN Newswire) - Kingsoft Corporation Limited ("Kingsoft" or the "Company", HKEx stock code: 03888), a leading Chinese software and internet service company, has announced its unaudited quarterly results for the three months ended 30 September 2023 ("period under review").
  • For the third quarter of 2023, Kingsoft's total revenue reached approximately RMB2,059.7 million, representing an increase of 12% from the same period last year.
  • Focusing on the priority strategies of 'artificial intelligence ("AI")' and 'collaboration', Kingsoft Office Group continuously optimized the AI performance of products.
  • For the third quarter of 2023, Revenue from the office software and services business increased 9% year-on-year and decreased 2% quarter-on-quarter to RMB1,098.3 million.

RETRANSMISSION: Cloud Beaker Corporation Expands into Central America and the SEMEA region

Retrieved on: 
Friday, November 17, 2023

Cloud Beaker's newest collaborative partnerships with multiple entities, such as TD SYNNEX and Ingram Micro, has allowed the startup to effectively reach various industries and businesses in Central America.

Key Points: 
  • Cloud Beaker's newest collaborative partnerships with multiple entities, such as TD SYNNEX and Ingram Micro, has allowed the startup to effectively reach various industries and businesses in Central America.
  • Cloud Beaker is a Google strategic partner , and the company also maintains strategic partnerships with Microsoft, Amazon Web Services (AWS) and Alibaba Cloud.
  • Furthermore, these alliances give Cloud Beaker access to a vast reservoir of resources, knowledge, and expertise which enhances the quality and efficiency of its service delivery.
  • Known for its innovative, scalable, and secure cloud computing solutions, Cloud Beaker has emerged as a reputable provider under the leadership of its CEO, Ernesto Couso.