Alibaba Cloud, a publicly owned subsidiary of Alibaba Group, is a Chinese provider of cloud computing and artificial intelligence services. Founded in 2009, it employs approximately 4300 people and is headquartered in China. Alibaba Cloud's offerings include a range of pay-as-you-go cloud services such as elastic compute, data storage, relational databases, big data processing, anti-DDoS protection, and content delivery networks (CDNs). In 2023, the company reported revenues exceeding $1 billion. Whale Cloud is listed as a subsidiary of Alibaba Cloud.

2023 Revenue

Founded

2009

Headcount

4,300

Headquarters

China

Primary Segment

Enterprise cloud

Ownership

Publicly Owned

Deployments

4

News Summary:

Alibaba Cloud launched Qwen2.5-Omni-7B, a multimodal AI model processing text, images, audio, and video, generating text and speech responses. Separately, the National Astronomical Observatories, in collaboration with Alibaba Cloud, released Jinwu, a solar foundation model achieving over 91% accuracy in forecasting M5-class solar flares. There is also mention of a Platform as a Service (PaaS) cloud solution offered by Alibaba Cloud, highlighting cost reduction and faster time-to-market for application development as key market drivers. Finally, challenges related to managing devices and applications in data centers were noted, along with the introduction of Higress, an AI-native API gateway offering an open-source solution for MCP Server hosting.

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Alibaba Cloud offers 3 products in the media tech and connectivity and cloud industries. Alibaba Cloud's product portfolio comprises of connectivity and distribution services, enterprise cloud and video processing and playout.
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Alibaba Cloud's revenues were $14.7B in 2023. Caretta Research has split Alibaba Cloud's revenue into 4 different product categories, the largest of which is enterprise cloud storage, which represents 58% of Alibaba Cloud's revenue.
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Alibaba Cloud's customers primarily consist of computer Hardware Manufacturing, broadcast professional services and video processing and playout companies. Examples of Alibaba Cloud's customers include Nvidia, MwareTV and Olympic Broadcasting Services. Examples of Alibaba Cloud's suppliers include To The New and Irdeto.

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