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AsiaInfo Technologies Partners with Alibaba Cloud to Boost AI Capabilities

Story Highlights
  • AsiaInfo Technologies partners with Alibaba Cloud to enhance AI-native enterprise transformation.
  • The cooperation aims to expand AsiaInfo’s business and growth opportunities in AI applications.
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AsiaInfo Technologies Partners with Alibaba Cloud to Boost AI Capabilities

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AsiaInfo Technologies Limited ( (HK:1675) ) has shared an update.

AsiaInfo Technologies Limited has entered into a cooperation agreement with Alibaba Cloud, becoming a cloud computing project delivery capability centre for Alibaba Cloud. This partnership aims to enhance AsiaInfo’s AI-native enterprise transformation and optimize traditional application development paradigms, thereby strengthening its core competitiveness in cloud computing delivery. The collaboration will focus on joint research and development in AI applications, facilitating the implementation of ‘AI+’ across multiple sectors. This agreement is expected to open new business areas and growth opportunities for AsiaInfo Technologies, benefiting the company and its shareholders.

The most recent analyst rating on (HK:1675) stock is a Hold with a HK$11.50 price target. To see the full list of analyst forecasts on AsiaInfo Technologies Limited stock, see the HK:1675 Stock Forecast page.

More about AsiaInfo Technologies Limited

AsiaInfo Technologies Limited is a pioneering enterprise in large-model application delivery, offering end-to-end, full-chain service capabilities. It is a key member of Alibaba Cloud’s ‘Galaxy Plan’ artificial intelligence ecosystem alliance, supporting diverse requirements for large-model business development across various industries.

Average Trading Volume: 10,264,983

Technical Sentiment Signal: Buy

Current Market Cap: HK$10.28B

For a thorough assessment of 1675 stock, go to TipRanks’ Stock Analysis page.

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