Alibaba Cloud has announced a partnership with the state-run data exchange in Shenzhen in southern China.
This collaboration aims to facilitate the process of buying and selling data for enterprises.
- Alibaba Cloud and Shenzhen Data Exchange signed an agreement at a recent meeting in Hangzhou.
- Their
partnership will support the construction of data infrastructure, data
ecology, exploration of large-scale model applications, cloud computing,
AI services, and other projects that enable the exchange of commercial
information.
- This
is part of a wider China-led effort to create a major domestic market
for trading data, which the country considers to be a production factor
among the likes of land, capital, and human labor.
- Alibaba Cloud has also formed alliances with Hangzhou International Digital Exchange Centre and Guiyang Big Data Exchange.