Alibaba Cloud Intelligence President Zhang Jianfeng will speak at the opening ceremony of Alibaba Renhe Cloud Data Center in Hangzhou, Zhejiang Province, China on September 16, 2020.
Qian Chenfei | Chugoku Shimbun | Getty Images
Guangzhou, China — Alibaba As Chinese technology giants are expanding their cloud business further overseas, they plan to open their first data centers in South Korea and Thailand in 2022.
The e-commerce giant, China’s number one cloud computing player, is focused on expanding its footprint internationally, especially to other parts of Asia. Singapore, NS Philippines and IndonesiaPitching yourself against American giants like, Amazon When Microsoft..
Local data centers help businesses in these countries and regions access Alibaba’s cloud services. It will also help Chinese companies expand their presence abroad.
Alibaba announced its plans at the Apsara conference on Wednesday, along with many other new cloud products.
On Tuesday, Alibaba also launched a new chip called the Yitian 710 that goes into a server called Panjiu. The purpose is to power artificial intelligence applications On Alibaba’s cloud.
The company hopes that custom chips will help it stand out from its rivals in the highly competitive cloud computing market.
Cloud computing is Alibaba’s main profit driver In the long run, it currently accounts for about 8% of the company’s total revenue. E-commerce remains a core business.
Alibaba sets up new data center in Asia to expand cloud business overseas
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