The Energy & Sustainability Supplement
A sustainable future for data centers
News - Investment / M&A / Financing, Alibaba
The latest news from the AI, data center, telco, chip, and cloud sector
The Energy & Sustainability Supplement
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Alibaba Cloud plans to lean on its self-developed chips moving forward
Hopes this will improve its margin and profitability
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Alibaba Cloud needs 10x its 2022 compute capacity, says CEO Eddie Wu
While Tencent Cloud struggles to generate an ROI from GPUs
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Tencent and Alibaba in talks to invest in DeepSeek - report
Could see DeepSeek valued at $20bn
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Modular data center provider EPG secures $100m Series B+ funding
Follows Series B funding in January - secures Alibaba, Temasek, and BlackRock as investors
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Alibaba ships 470,000 AI chips, predicts $100bn in cloud and AI revenue in the future
But investors remain unimpressed
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Serverfarm seeks ABS funding to the tune of $589m
Deal reportedly delayed due to concerns over Alibaba
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Alibaba Cloud revenue up 7% for the quarter, cites AI as key factor
Tencent also releases quarterly earnings
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AWS, Microsoft, and Google top cloud market everywhere bar China - Synergy
Plus data center M&A deals forecasted to hit record levels
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Alibaba Cloud revenue hits $3.64bn for the quarter
A six percent growth rate, alongside increasing capex spend
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Alibaba Cloud hit by outage, second in a month
Impacting customers in mainland China, Hong Kong, and the United States
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Alibaba considers $3bn private funding round for cloud division
Could get the money from Chinese government-backed entities
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Alibaba to spin out and separately list cloud unit
Company set to bring in external strategic investors through private financing ahead of spin-off