Alibaba cancels cloud split

Cites 'uncertainties' created by US regulation

Tom Allen
clock • 1 min read
Alibaba cancels cloud split

China's Alibaba Group has cancelled its plan to spin out its cloud unit into a separate business, citing uncertainties created by US export curbs on AI chips.

The company, a multinational operating across sectors, originally announced its plan to split into six separate units this March. It would have been the biggest restructuring in the company's 24-ye...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
Asian Tech Roundup: Pressure grows in US-China trade war

Security

Plus: Google 'accidentally' deletes pension fund's cloud account

clock 17 May 2024 • 4 min read
CIOs can't afford to wait for AI transformation

Artificial Intelligence

Invest in tech and talent now

clock 15 May 2024 • 3 min read
CISOs call to ditch the 'stigma of blame' in cybersecurity

Security

Ditching ‘Humans are the weakest link’

clock 13 May 2024 • 2 min read

More on Corporate

AWS sales grow to $25bn in Q1 2024

AWS sales grow to $25bn in Q1 2024

Amazon also reported AWS annual run-rate of $100bn

Penny Horwood
clock 01 May 2024 • 2 min read
Critics dismiss Broadcom's 'anti-cloud' licencing changes for VMware

Critics dismiss Broadcom's 'anti-cloud' licencing changes for VMware

Trade body CISPE demands EU investigation

clock 23 April 2024 • 3 min read
Stability AI cutting staff in the name of restructuring

Stability AI cutting staff in the name of restructuring

Following the departure of CEO Emad Mostaque, UK AI unicorn is shedding employees

Muskan Arora
clock 19 April 2024 • 1 min read