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Alibaba to invest USD 28 bln into cloud computing division

Monday 20 April 2020 | 15:18 CET | News
Alibaba's cloud computing division plans to put USD 28 billion (RMB 200 billion) over the coming three years into its cloud operating systems, servers, chips and networks, Xinhua reported. The money will go into developing core technologies and R&D in general. This will include the expansion of Aliyun's data centres and servers.

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Categories: Internet / IT
Companies: Alibaba
Countries: World
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