Alibaba Cloud

TRANSLUCIA SIGNS STRATEGIC INFRASTRUCTURE PARTNERSHIP WITH WELL-LINK, EMBARKING ON A VIRTUAL WORLD JOURNEY

Retrieved on: 
Tuesday, October 31, 2023

In this historic fusion of creativity, ingenuity and innovation, Translucia's dynamic virtual engine meets the technological prowess of Well-Link, marking a new era for interconnected Web3-based virtual worlds.

Key Points: 
  • In this historic fusion of creativity, ingenuity and innovation, Translucia's dynamic virtual engine meets the technological prowess of Well-Link, marking a new era for interconnected Web3-based virtual worlds.
  • This partnership will strengthen the capabilities and offerings of Translucia, bringing it a step closer to launching a highly anticipated virtual world engine on the global stage."
  • Establishing a strategic partnership with T&B will be an important milestone in the development of Well-Link.
  • We are very excited to join Project Translucia and hope to soon build a beautiful virtual world."

FUTUREVERSE COLLABORATES WITH ALIBABA CLOUD TO BRING ROBUST COMPUTING TECHNOLOGY TO MUSIC AI PLATFORM JEN

Retrieved on: 
Friday, October 27, 2023

Futureverse and Alibaba Cloud will collaborate to bring robust and reliable cloud computing services to the Jen Music AI platform and product offering.

Key Points: 
  • Futureverse and Alibaba Cloud will collaborate to bring robust and reliable cloud computing services to the Jen Music AI platform and product offering.
  • The partnership brings together Futureverse's expertise in AI music solutions with Alibaba Cloud's secure and scalable cloud computing capabilities to further develop and set standards on high-performance AI infrastructure and robust security.
  • Futureverse has been training its text-to-music generation model JEN-1 on Alibaba Cloud's Machine Learning Platform for AI (PAI), leveraging the robust and scalable infrastructure of Alibaba Cloud to enhance effectiveness and efficiency.
  • "We are excited to be working with the team at Alibaba Cloud," says Futureverse co-founder Aaron McDonald.

Vector Database Market worth $4.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, October 26, 2023

CHICAGO, Oct. 26, 2023 /PRNewswire/ -- The global Vector Database Market size is expected to grow from USD 1.5 billion in 2023 to USD 4.3 billion by 2028 at a CAGR of 23.3% during the forecast period, according to a new report by MarketsandMarkets™. As AI and machine learning applications grow, vector databases are crucial in storing and querying high-dimensional data, such as embeddings from deep learning models. This trend will persist as AI and ML adoption expands.

Key Points: 
  • In the Natural Language Processing (NLP) context, the Vector Database Market is a rapidly evolving sector driven by various factors.
  • Vector database is instrumental in NLP applications for efficient storage, retrieval, and querying of high-dimensional vector representations of textual data.
  • The growth of the Vector Database Market in NLP is due to the increasing importance of efficient text data management and retrieval.
  • Additionally, enterprises' increased acceptance of vector database technologies to market their products modernly has been the key factor driving the growth of the Vector Database Market in North America.

Vector Database Market worth $4.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, October 26, 2023

CHICAGO, Oct. 26, 2023 /PRNewswire/ -- The global Vector Database Market size is expected to grow from USD 1.5 billion in 2023 to USD 4.3 billion by 2028 at a CAGR of 23.3% during the forecast period, according to a new report by MarketsandMarkets™. As AI and machine learning applications grow, vector databases are crucial in storing and querying high-dimensional data, such as embeddings from deep learning models. This trend will persist as AI and ML adoption expands.

Key Points: 
  • In the Natural Language Processing (NLP) context, the Vector Database Market is a rapidly evolving sector driven by various factors.
  • Vector database is instrumental in NLP applications for efficient storage, retrieval, and querying of high-dimensional vector representations of textual data.
  • The growth of the Vector Database Market in NLP is due to the increasing importance of efficient text data management and retrieval.
  • Additionally, enterprises' increased acceptance of vector database technologies to market their products modernly has been the key factor driving the growth of the Vector Database Market in North America.

TON FOUNDATION: The Open Network (TON) to Attempt World Record for the Fastest Blockchain

Retrieved on: 
Tuesday, October 17, 2023

Today, The Open Network Foundation ( TON Foundation ) announces their upcoming attempt to officially be named the world’s fastest blockchain, accredited by Guinness World Records.

Key Points: 
  • Today, The Open Network Foundation ( TON Foundation ) announces their upcoming attempt to officially be named the world’s fastest blockchain, accredited by Guinness World Records.
  • The public network performance test, which is scheduled for October 31, 2023, at 15:00 UTC, will demonstrate the reliability, scalability, and speed of The Open Network (TON) blockchain.
  • TON Foundation will collaborate with Alibaba Cloud, amongst others, to set up 256 servers for validator nodes and start a separate TON blockchain network for performance tests.
  • Throughout this rapid expansion, TON’s blockchain has upheld a notably reliable track record, with no documented major network disruptions.

Cobo and Alibaba Cloud Team Up to Bring Enterprise-Grade Wallet Infrastructure to Web3 Organizations and Teams, Including Startups

Retrieved on: 
Thursday, September 28, 2023

SINGAPORE, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Cobo, a leader in digital asset solutions, has collaborated with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, to bring enterprise-grade wallet infrastructure to Web3 organizations in the international market.

Key Points: 
  • SINGAPORE, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Cobo, a leader in digital asset solutions, has collaborated with Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, to bring enterprise-grade wallet infrastructure to Web3 organizations in the international market.
  • This collaboration merges Cobo’s deep expertise in digital asset solutions with Alibaba Cloud's scalable, robust and secure cloud computing and intelligent tools.
  • The collaboration introduces a Wallet-as-a-Service solution for developers and organizations, enabling easy integration of advanced wallet technology into applications through APIs and SDKs.
  • This collaboration marks a significant step towards setting new standards in security, performance, and accessibility of the digital wallet infrastructure for web3.

Huobi Rebrands to HTX at TOKEN2049

Retrieved on: 
Monday, September 25, 2023

Singapore / September 13, 2023 – Huobi, the world's leading virtual assets exchange, today announced at TOKEN2049 that it will rebrand to HTX.

Key Points: 
  • Singapore / September 13, 2023 – Huobi, the world's leading virtual assets exchange, today announced at TOKEN2049 that it will rebrand to HTX.
  • Justin Sun, Founder of TRON and Member of the HTX Global Advisory Board, unveiled the rebranding while celebrating the 10th anniversary of HTX.
  • Major media outlets such as Bloomberg, CoinDesk, WSJ, CNBC, Cointelegraph, and others were also part of this special moment for HTX.
  • Justin Sun announced the official launch of a special edition of the HTX Mars Program at the Huobi X TRON Afterparty at TOKEN2049.

Intel Innovation 2023: Empowering Developers to Bring AI Everywhere

Retrieved on: 
Tuesday, September 19, 2023

Intel’s five-nodes-in-four-years process development program is progressing well, Gelsinger said, with Intel 7 already in high-volume manufacturing, Intel 4 manufacturing-ready and Intel 3 on track for the end of this year.

Key Points: 
  • Intel’s five-nodes-in-four-years process development program is progressing well, Gelsinger said, with Intel 7 already in high-volume manufacturing, Intel 4 manufacturing-ready and Intel 3 on track for the end of this year.
  • Gelsinger announced a large AI supercomputer will be built entirely on Intel Xeon processors and 4,000 Intel Gaudi2 AI hardware accelerators, with Stability AI as the anchor customer.
  • To help developers unlock this future, Intel announced:
    General availability of the Intel Developer Cloud: The Intel Developer Cloud helps developers accelerate AI using the latest Intel hardware and software innovations – including Intel Gaudi2 processors for deep learning – and provides access to the latest Intel hardware platforms, such as the 5th Gen Intel® Xeon® Scalable processors and Intel® Data Center GPU Max Series 1100 and 1550.
  • Tune in on the Intel Newsroom at 9:30 a.m. PDT Wednesday to hear from Intel Chief Technology Officer Greg Lavender on more ways Intel is opening opportunities in AI for developers and accelerating the convergence of AI and security.

PingSafe Expands Coverage to Provide CSPM Support for Alibaba Cloud and Oracle Cloud

Retrieved on: 
Monday, September 18, 2023

PingSafe, the only CNAPP platform powered by attacker intelligence, today announced its support for Alibaba Cloud and Oracle Cloud.

Key Points: 
  • PingSafe, the only CNAPP platform powered by attacker intelligence, today announced its support for Alibaba Cloud and Oracle Cloud.
  • The additional coverage for Alibaba Cloud and Oracle Cloud, allows PingSafe to provide complete cloud security to clients based out of the APAC and EMEA region.
  • Alibaba Cloud is the largest cloud provider in the Asia-Pacific region and third largest in the world according to Gartner.
  • “Most of the organizations based out of APAC generally have some cloud footprint on Alibaba Cloud.

Shariah Compliant Digital Asset Exchange Haqqex Launching on HAQQ

Retrieved on: 
Friday, August 25, 2023

Through its partnership with HAQQ, Haqqex's operations will be overseen and regulated for Shariah compliance by HAQQ's distinguished Shariah Board.

Key Points: 
  • Through its partnership with HAQQ, Haqqex's operations will be overseen and regulated for Shariah compliance by HAQQ's distinguished Shariah Board.
  • Haqqex is the first exchange to offer professional trading in accordance with Islamic law, uniquely providing user protection against market manipulation that includes sandwich trading, front-running, and other unfair practices.
  • “The partnership marks the launch of a digital asset exchange that will provide fairer, more transparent and ethics-infused trading for the Muslim world and beyond, and we are incredibly excited to work with the Haqq network,” Haqqex Managing partner commented.
  • By intertwining Shariah-compliant offerings with time-tested financial tools, Haqqex and HAQQ present a pioneering blend that prioritizes ethical values while delivering the advantages modern investors seek.