Alibaba's AI investment decisions are driven by technology. Starting with an intention to improve business efficiency, Alibaba ultimately makes effective use of AI technology in cloud-based applications.

China TransInfo announced the cooperation framework agreement with Alibaba Cloud, jointly developing intelligent transportation and edge computing.

Global Infrastructure-as-a-Service (IaaS) company claims to reduce risks by employing brand new cloud mechanisms.

Alibaba Cloud revenue grew 76% YoY to USD 1.2 billion, driven by increased average spending per customer. Targeting 2B models, Alibaba Cloud confidently prepares to compete in the global market.

In the fourth quarter, Alibaba revenue surged 51 percent year-on-year to CNY93.50 billion (USD 13.50 billion). Its revenue for the 2019 fiscal year topped at CNY 376.84 billion (USD 54.78 billion).

LI Feifei, the man who’s in charge of the database line of Ali Cloud, believes that the cloud-native database has a strong advantage in cloud computing time.

Being a regional No.1 IaaS and IUS provider, Alibaba Cloud is stretching its business map surrounding China and along with the Belt and Road Initiative path. The day to the world No.1 might come soon.

On Apr 23, 2019, the partner summit of China Unicom was held in Shanghai, Ali cloud, as the leading Chinese cloud computing service provider, joined the summit and showed its innovative solutions.