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Alibaba unveils Hanguang 800, an AI inference chip it says significantly increases the speed of machine learning tasks

Alibaba unveils Hanguang 800, an AI inference chip it says significantly increases the speed of machine learning tasks Alibaba Group introduced its first AI inference chip today, a neural processing unit called Hanguang 800 that it says makes performing machine learning tasks dramatically faster and more energy-efficient. The chip, announced today during […]

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Alibaba cloud biz is on a run rate over $4B

Alibaba cloud biz is on a run rate over B Alibaba announced its earnings today, and the Chinese ecommerce giant got a nice lift from its cloud business, which grew 66 percent to more than $1.1 billion, or a run rate surpassing $4 billion. It’s not exactly on par with Amazon, which reported […]

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Alibaba to help Salesforce localize and sell in China

Alibaba to help Salesforce localize and sell in China Salesforce, the 20-year-old leader in customer relationship management (CRM) tools, is making a foray into Asia by working with one of the country’s largest tech firms, Alibaba. Alibaba will be the exclusive provider of Salesforce to enterprise customers in mainland China, Hong Kong, […]

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Alibaba rival JD sees Singles’ Day revenue jump 27% thanks to offline push

Alibaba rival JD sees Singles’ Day revenue jump 27% thanks to offline push Alibaba may have pioneered the concept of Singles’ Day, the world’s largest shopping day based on sales, but it very much not the only e-commerce giant involved. JD.com, Alibaba’s biggest rival in China, just announced that it sold RMB 159.8 billion […]

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Alibaba shrugs off China concerns as revenue jumps 61%

Alibaba shrugs off China concerns as revenue jumps 61% Tencent had an unexpected miss this week, but Chinese rival Alibaba experienced no such issue today as it beat analyst expectation after clocking 61 percent annual revenue growth. The Chinese e-commerce giant reported total sales of 80.92 billion RMB ($12.2 billion) for its Q1 […]

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Cloud Foundry Foundation looks east as Alibaba joins as a gold member

Cloud Foundry Foundation looks east as Alibaba joins as a gold member Cloud Foundry is among the most successful open source project in the enterprise right now. It’s a cloud-agnostic platform-as-a-service offering that helps businesses develop and run their software more efficiently. In many enterprises, it’s now the standard platform for writing […]

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Alibaba Cloud is opening its first data center in India

Alibaba Cloud is opening its first data center in India  Alibaba is bringing its cloud computing business into India as it continues to expand its first-growing business unit. The Chinese firm said today that its first data center on Indian soil will come online in January and be based out of Mumbai. […]

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Alibaba’s Ant Financial partners with Hutchison to develop its Alipay service in Hong Kong

Alibaba’s Ant Financial partners with Hutchison to develop its Alipay service in Hong Kong  Ant Financial, the Alibaba affiliate that operates payment service Alipay and other digital finance products, has continued its Asia expansion with a move into Hong Kong. Alipay and Alibaba’s MyBank digital bank dominate in China, where they are used […]

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