Alibaba will invest 28 billion dollars in cloud computing services

Alibabawillinvestbilliondollarsincloudcomputingservices

China’s online retail giant Alibaba announced on Monday that it will invest an additional 200 billion yuan (about $28 billion) in its cloud infrastructure over the next three years, in part due to increased demand for services such as enterprise software, video conferencing and live to stream, Reuters reported. This growing demand for cloud resources … Read more