China’s cloud services spending hits US$11.6 billion in first quarter on AI-related demand
Alibaba Group Holding’s cloud computing unit continued to lead the industry in the March quarter, with a commanding 33 per cent market share and a 15 per cent year-on-year revenue growth, Canalys data showed. Hangzhou-based Alibaba owns the South China Morning Post. Second-ranked Huawei Technologies’ cloud business expanded its market share to 18 per cent, […]