ASIAINFO TECH (01675) Signs Capability Center Cooperation Agreement with Alibaba Cloud

Stock News
Sep 24

ASIAINFO TECH (01675) announced that ASIAINFO TECH (China) Co., Ltd. (a wholly-owned subsidiary of the company) has recently signed a capability center cooperation agreement with Alibaba Cloud Computing (Beijing) Co., Ltd. (Alibaba Cloud). The company has become Alibaba Cloud's cloud computing project delivery capability center, reflecting Alibaba Cloud's high recognition of the company's capabilities in artificial intelligence (AI) large model application delivery.

The two parties will collaborate, leverage complementary advantages, and pursue mutual development. Alibaba Cloud will continue to focus on computing power technology and model algorithm iteration, providing solid foundational support for AI application implementation with its leading infrastructure and technological reserves. ASIAINFO TECH will continue to advance its transformation into an AI-native enterprise, leveraging its capability advantages in deep learning and large language model generation to gradually optimize traditional application development paradigms and serve Alibaba Cloud customers with high-quality, highly elastic, and cost-effective cloud delivery capabilities, continuously strengthening the group's core competitiveness in cloud computing delivery.

Both parties will strengthen joint product development and service cooperation in multiple directions including Tongyi Qianwen large models, AI integrated machines, and AI large model security solutions. They will conduct native application development and market expansion across industries, promoting the implementation of "AI+" across hundreds of industries and thousands of enterprises.

Alibaba Cloud is a globally leading cloud computing and artificial intelligence technology company, China's largest and Asia-Pacific's leading cloud service provider, serving millions of customers across more than 200 countries and regions worldwide, providing services to over half of China's A-share listed companies and 80% of China's technology innovation enterprises.

ASIAINFO TECH is a "leading large model application delivery enterprise" with end-to-end, full-chain service capabilities and an important member of Alibaba Cloud's government and enterprise "Galaxy Plan" artificial intelligence ecosystem alliance. With outstanding capabilities in "consulting and planning, infrastructure, large model platforms, large model applications, large model deployment, large model services, and operational management," it supports various customer needs for large model business development across hundreds of industries.

The board believes that entering into the cooperation agreement with Alibaba Cloud provides opportunities for the group to expand into new business areas such as AI large model delivery. The establishment of this mutually beneficial cooperation relationship is expected to create more potential growth opportunities, which aligns with the overall interests of the group and shareholders.

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