Alibaba Group Holding Ltd Cloud-Computing Wing To Roll Out AI Platform In China
It appears that Alibaba Group Holding Ltd (NYSE:BABA) will soon roll out an artificial intelligence service specifically for the Chinese audience. Alibaba’s cloud computing wing, Aliyun, noted on Tuesday that it has developed a platform known as DT PAI that allows developers to project user behavior without writing new codes. It achieves this by linking standardized modules and setting targeted parameters before application development.
DT PAI amalgamates certain algorithms used by Alibaba with machine data coupled with deep learning techniques, and subsequently presents the developer with a user-friendly drag-and-drop interface. The new AI platform—powered by Alibaba’s primary algorithm—incorporates functions such as large-scale machine learning, feature engineering, and deep learning. The company had stated that Alibaba’s Open Data Processing Service (ODPS) has the capacity to manage 100PB of data. In more layman terms this equates to processing 100 million HD films in less than six hours.
“Our goal is to create a one-stop artificial intelligence development, publishing, and sharing platform through data, calculations, and data connections,” Aliyun senior product manager, Wei Xiao, in an official press release. “In the past, the field of artificial intelligence was only open to a very small number of qualified developers and required the use of specialised tools. Such an approach was prone to error and redundancy.”
Although e-commerce is still Alibaba’s primary source of revenue and the company has been pumping money in the cloud-computing segment. Just a month ago, Alibaba had invested $1 billion in Aliyun with the objective of expanding its presence in geographical locations outside China such as Southeast Asia , the Middle East, and the United States. While Alibaba’s cloud-computing division might still be in its early stages, it is slowly emerging as a rising star of the company’s ecosystem in terms of growth. In its latest quarterly results, cloud computing revenue for Alibaba rose by 106% to $78 million. Assuming that Alibaba’s cloud business maintains a similar growth trend in the next few years, we could see it becoming the biggest contributor to the company’s revenue.
Source: Alibaba Group Holding Ltd Cloud-Computing Wing To Roll Out AI Platform In China
Via: Google Alerts for AI