Alibaba Cloud announces new availability zones and global investment to fuel AI innovation

By Digital News Asia May 24, 2024Partners with global universities to equip upcoming generation with AI skills

In a statement, the company said the new investment to build cloud and AI infrastructure across key international markets aims to enhance the cloud and AI product suite for its worldwide customers, while fostering global partnerships and AI talent development to nurture future digital expertise. Through Model Studio, customers can gain access to Alibaba Cloud’s large language model Qwen family – including both closed-source and open-source models, featuring multimodal capabilities with sizes that range from 0.5 billion to several hundred billion parameters - to facilitate the development of custom generative AI applications.

Leveraging Alibaba Cloud’s compute nest technology, the new solution offers more seamless integration of SAP Business One services with Alibaba Cloud, making it easier for SAP Business One partners to deploy the solution for their customers on the cloud quickly. This synergy, it said, will empower SMEs to navigate market fluctuations with agility, optimize operational efficiency, and seize growth opportunities.

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