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Alibaba Cloud To Invest $28 Billion On Cloud Infrastructure Over Three Years

Alibaba Cloud To Invest $28 Billion On Cloud Infrastructure Over Three Years

Alibaba Cloud

Alibaba Cloud has announced that it will invest about $28 billion to augment its infrastructure. To be utilised over the next three years, it will focus on technologies including OS, chips, servers, and network. 

The data intelligence wing of Alibaba Group will be offering enhanced cloud services to clients. With the Covid-19 pandemic slowing businesses across the globe, it aims to help them expedite their digital transformation after the outbreak has been contained.

“Covid-19 has posed additional stress across sectors. This has steered us to put more focus on the digital economy,” said Jeff Zhang, President of Alibaba Cloud Intelligence. “By increasing our investment on cloud infrastructure, we hope to continue providing computing resources to help businesses speed up the recovery process,” he adds.

Alibaba’s Cloud Computing Technologies

The global cloud computing leader has data centers in 63 availability zones, including two in India. It is also the top public cloud service provider in APAC, and serves millions of customers  across 21 regions globally. In its last quarterly earnings report, Alibaba reported that its cloud revenue grew 62% to $1.5 billion.

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Over the past decade, it has developed its technologies across the board, including the Apsara Distributed Operating System, X-dragon Architecture, RDMA (Remote Direct Memory Access) high-speed network, and Super Computing Cluster, among others.

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