Alibaba Cloud Announces Investing RMB200 Billion in Next Three Years on Cloud Infrastructure
Alibaba Cloud, the data intelligence backbone of Alibaba Group, today announced it will invest additional RMB200 billion (approximately US$28 billion) in the next three years on its cloud infrastructure, focusing on technologies including operating system, servers, chips and network.
By investing to build the next-generation datacenters, the company is committed to offering enhanced cloud services to its clients across the globe, aiming to help businesses in different sectors to speed up their digital transformation after the pandemic.
“The Covid-19 pandemic has posed additional stress on the overall economy across sectors, but it also steers us to put more focus on the digital economy,” said Jeff Zhang, President of Alibaba Cloud Intelligence. “By increasing our investment on cloud infrastructure and fundamental technologies, we hope to continue providing world-class, trusted computing resources to help businesses speed up the recovery process, and offer cloud-based intelligent solutions to support their digital transformation in the post-pandemic world.”
Alibaba Cloud’s self-developed technologies are expected to be largely deployed in the next-generation datacenters in the coming years as well. Over the past decade, the global cloud computing leader has developed its proprietary technologies across the board including the Apsara Distributed Operating System, AI-inference chip Hanguang 800, X-dragon Architecture, RDMA (Remote Direct Memory Access) high-speed network, Super Computing Cluster and leading network devices such as VSwitch.
As the number one public cloud service provider in APAC and number three globally, Alibaba Cloud has datacenters in 63 availability zones, two of which are in India, across 21 regions serving millions of customers across the globe. It has more than 70 security and compliance accreditations worldwide.
