Chinese cloud computing companies expanding abroad

Spending on data center infrastructure services forecast to grow 19% this year

Chinese cloud computing companies have ramped up efforts to expand their footprint in overseas cloud service markets, as an increasing number of businesses are leveraging the cutting-edge artificial intelligence technologies to bolster digital transformation and upgrades.

Alibaba Cloud, the cloud computing arm of Chinese tech giant Alibaba Group, recently announced the launch of its first data center in Mexico as part of a broader drive to accelerate the construction of digital infrastructure abroad.

The new data center, the first of the company's kind in Latin America, will provide cloud computing services to local businesses and developers, underscoring Alibaba Cloud's commitment to accelerating Mexico's digital transformation and fostering innovation throughout the region.