Alibaba expands cloud business abroad with new data centers in Asia, stepping up rivalry with Amazon

Alibaba plans to open its first data centers in South Korea and Thailand in 2022 as the Chinese technology giant looks to expand its cloud business further overseas.

The e-commerce giant's cloud expansion has focused on Asia, pitting it against U.S. rivals like Amazon and Microsoft. On Tuesday, Alibaba launched a new server chip called Yitian 710 that will go into servers called Panjiu. The aim is to power artificial intelligence applications on Alibaba's cloud.Zhang Jianfeng, president of Alibaba Cloud Intelligence, speaks during the opening ceremony of Alibaba Renhe Cloud Data Center on September 16, 2020 in Hangzhou, Zhejiang Province of China.

The e-commerce giant is the number one cloud computing player in China but has focused on expanding its footprint internationally, particularly into other areas of Asia, including

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