Asia PacificBreaking News

Alibaba Cloud plans to invest over $60 M in AI innovation next year

Alibaba Cloud, the foundation of Alibaba Group’s digital technology and intelligence, said that it will invest more than $60 million in the upcoming fiscal year to strengthen its partner ecosystem and spur innovation in artificial intelligence (AI).

According to a statement from the company, the investment will be carefully distributed among cooperative marketing campaigns, incentive rebate schemes, and capability-building projects, promoting growth that benefits both the cloud provider and its partners.

The goal of the commitment is to assist partners in growing their clientele, improving their technical know-how, and hastening the global adoption of cutting-edge cloud and artificial intelligence solutions by enterprises.

“Our partners are the catalysts for customer success, and this significant investment is a testament to our commitment to a shared growth model,” said Raymond Ma, Vice President of Global Partners & Alliances, Alibaba Cloud Intelligence.

“By equipping our partners with advanced resources, dedicated incentives, and direct access to our cutting-edge AI technologies like our Qwen large language models, we are not just building a channel,

“Together, we are fostering a synergistic ecosystem that will accelerate digital transformation and unlock new possibilities for businesses globally in the AI era,” he added.

A number of additional and new alliances with top global technology providers, such as Dify, Squirro, PingCAP, Atos, Crayon, DXC Technology, Bespin Global Indonesia, and Electrum Cloud, highlight this new investment.

Leading platform for developing agentic AI applications, Dify, has partnered with Alibaba Cloud to launch Dify Enterprise on the Alibaba Cloud Global Marketplace.

Dify’s advanced AI workflow orchestration and potent LLMOps capabilities are combined with Alibaba Cloud’s strong infrastructure and extensive ecosystem, which includes the Model Studio generative AI platform, in this partnership.

Because of this integration, businesses of all sizes will be able to create and implement LLM-powered applications more quickly and easily than ever before.

The Squirro Gen AI Platform has been launched on the Alibaba Cloud Marketplace by Squirro, a top enterprise-ready generative AI provider with a focus on automation, insights, and search.

Customers in Asia-Pacific will be able to access Squirro’s low-code, enterprise-ready Gen AI platform through this partnership, giving companies in the financial services, manufacturing, and retail sectors cutting-edge AI-powered decision intelligence capabilities.

Aiming to boost digital transformation and operational efficiency for businesses worldwide, the partnership combines Squirro’s AI and data analytics skills with Alibaba Cloud’s strong global infrastructure.

Additionally, PingCAP and Alibaba Cloud have established a strategic partnership to offer PingCAP’s cutting-edge distributed SQL database TiDB on Alibaba Cloud Marketplace.

 

 

Related Articles

Back to top button