Alibaba Cloud Expands Data Center Operations in Europe and Middle East

Alibaba Group is expanding its cloud infrastructure by building new data centers across Europe and the Middle East. This move supports Alibaba's broader 20-gigawatt global buildout plan, as it seeks to strengthen its position amid growing competition between China and the U.S., particularly in AI chips and models. The expansion reflects a strategic effort to enhance cloud computing capabilities outside of Asia, aligning with increasing demand for data processing power driven by artificial intelligence development. The company's aggressive infrastructure investments highlight Alibaba Cloud’s ambition to compete globally against major tech firms.

By Meghavi Singh, SA News Editor · Seeking Alpha ·

Alibaba Cloud Expands Data Center Operations in Europe and Middle East

Tickers: $BABA

Topics: AI infrastructure data centers global expansion

Read the full article at Seeking Alpha

More World news