![\"alibaba\"](\"https:\/\/solutionsreview.com\/cloud-platforms\/files\/2016\/01\/alibaba.jpg\")
AliCloud (FKA Aliyun), the cloud computing branch of Chinese e-commerce giant Alibaba Group Holding Ltd., has announced a partnership with chipmaker Nvidia Corp. on cloud computing and artificial intelligence.<\/p>\nAliCloud (FKA Aliyun), the cloud computing branch of Chinese e-commerce giant Alibaba Group Holding Ltd., has announced a partnership with chipmaker Nvidia Corp. on cloud computing and artificial intelligence.<\/p>\n
AliCloud is China\u2019s largest cloud-computing service provider, with over 1.4\u00a0 million customers, and nine data centers worldwide. The company launched in 2009 with commercial cloud service offerings such as data storage and on-demand network bandwidth\u00a0and has since expanded its capabilities drastically.<\/p>\n
AliCloud is now broadening its capabilities beyond basic Infrastructure as a Service capabilities, with an investment of $1 billion over the next three years aimed to boost it cloud computing capabilities even further.<\/p>\n
The company has also co-founded a \u2018quantum computing\u201d laboratory with the Chinese Academy of Sciences to develop stronger hardware and security, and will partner with Santa Clara, California-based Nvidia to provide customer support in the areas of deep-learning and high-performance computing, reports Bloomberg.<\/p>\n
Additionally, AliCloud wants plans to launch a new \u201cBig Data Platform\u201d for Chinese enterprises and plans to hire roughly 1,000 developers to work on its big-data platform during the next three years, and will drastically increase investment in data analysis and machine learning, according to a statement released Wednesday. The \u2018Big Data Platform\u2019 will reportedly launch with 20 initial services including computation, information processing and analysis and machine learning.<\/p>\n
This news comes on the heels of AliCloud\u2019s opening of its second cloud data centre in Silicon Valley last October, adding to its rapidly increasing worldwide presence.<\/p>\n
\u201cAliCloud\u2019s rate of growth is one of the fastest among global peers,\u201d Simon Hu, the division\u2019s president, said during a presentation in Shanghai. \u201cApart from being fast-expanding in Asia, we will also maintain our growth in Europe and the Middle East.\u201d<\/p>\n
The deal didn\u2019t seem to have much impact on Alibaba\u2019s stock, which decreased by 5.54% to $66.20 in late-morning trading on Wednesday, as concerns surrounding China’s markets overshadow the news of the company\u2019s partnership with Nvidia.<\/p>\n
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AliCloud (FKA Aliyun), the cloud computing branch of Chinese e-commerce giant Alibaba Group Holding Ltd., has announced a partnership with chipmaker Nvidia Corp. on cloud computing and artificial intelligence. AliCloud is China\u2019s largest cloud-computing service provider, with over 1.4\u00a0 million customers, and nine data centers worldwide. The company launched in 2009 with commercial cloud service […]<\/p>\n","protected":false},"author":24,"featured_media":820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[13,243,28,18,245,244],"acf":[],"yoast_head":"\n