Cloud – Tamfis

Alibaba Cloud notches big with ‘China’s Instagram’ completing largest data migration

Lifestyle

Alibaba Group Holding’s cloud computing arm is now home to 500,000 terabytes worth of data from Chinese lifestyle platform Xiaohongshu after what the companies called the largest data migration ever, a case that could enhance the leading position of one of the country’s largest tech firms in the domestic cloud market.

The migration of the 500-petabyte “data lake” – a repository that stores, processes and secures large amounts of structured and unstructured data – started last November, taking a year of 1,500 staff members from Xiaohongshu working with teams at Alibaba to complete, according to a statement from Alibaba Cloud. Alibaba owns the South China Morning Post.

The data lake contains all the raw and critical data that Xiaohongshu has accumulated since it started operating 11 years ago. For context, one petabyte of data can hold around 11,000 4K high-definition movies, which would require more than two-and-a-half years of non-stop binge watching to get through – assuming an average size of 90 gigabytes and length of two hours per film.

The case marks a big win for Alibaba as cloud providers are racing to upgrade their data centres amid rising demand for artificial intelligence services. Alibaba is the largest cloud provider in China with 36 per cent of the market in the second quarter, according to Canalys. It is also the largest cloud provider in Asia-Pacific and third-largest in the world by revenue.

Shanghai-based Xiaohongshu is the largest lifestyle social media platform in China, boasting a monthly active user base of more than 300 million and growing rapidly in recent years. The vast amount of data it generates daily added to migration challenges that were “beyond one’s imagination”, Alibaba Cloud said in its statement posted to WeChat.

The scale of this project could bolster confidence in Alibaba Cloud after outages in recent years have dented its image. Outages in December 2022 and November 2023 took websites offline in Hong Kong and Macau, and suspended service on TaobaoAlibaba’s flagship shopping platform.

Alto Cloud Grand Launching 2024 -service Cloud Solutions Provider, Business News

Technology tamfitronics

/PRNewswire/ — Tencent Cloud, the cloud business of the global leading technology company Tencenthas announced its strategic partnership withGlobal Resources Management Sdn. Bhd. (GRM)a Malaysian-owned company specialized in building digital infrastructure. By leveraging Tencent Cloud’s advanced Cloud Dedicated Zone (CDZ) solution, GRM successfully launched its core business, Alto Clouda brand-new internet data center (IDC) in Cyberjaya, on June 26.

By leveraging Tencent Cloud’s advanced Cloud Dedicated Zone (CDZ) solution, GRM successfully launched its core business, Alto Cloud, a brand-new internet data center (IDC) in Cyberjaya, on June 26.

The Grand Launching Event, held at Four Seasons Hotel KL, marked the beginning of Alto Cloud’s services to local businesses in Malaysiaoffering over 400 innovative cloud-based products and solutions. Amid the rapid growth of Malaysia’s data center market, this partnership marks a significant milestone for both GRM and Tencent Cloud, as it reflects the commitment of GRM to align with the nation’s vision for a digital future and signifies Tencent Cloud’s first step forward in becoming a data center enabler in Malaysia.

The event commenced with welcome remarks from Dato’ Stanley Ling Tiung LengManaging Director of GRM. On behalf of GRM, Dato’ Stanley expressed his gratitude to all the attendees and emphasized the significance of collaborating with Tencent Cloud to establish Alto Cloud, “Thanks to Tencent Cloud’s support and technological resources, Alto Cloud’s vision and mission of becoming the enabler of digital innovation in the local landscape is now a reality. We are hitting a new milestone towards unlocking the potential of digital transformation.”

Representatives from Tencentincluding Mr. Dowson Tong, Senior Executive Vice-President of TencentCEO of Cloud & Smart Industries Group, and Mr. Kenneth SiowRegional Director for Southeast Asia and General Manager for Singapore & Malaysia at Tencent Cloud International, congratulated GRM on Alto Cloud’s successful launch.

During his speech, Mr. Dowson Tong envisioned a beneficial future of GRM by leveraging Tencent Cloud’s technological innovations. He said, “We hope to empower GRM in hosting our industry leading data, media and AI solutions on Alto Cloud to benefit their fast-growing portfolio of enterprise clientele from different industries. Alto Cloud, powered by Tencent Cloud, will be enabling enterprises to take that crucial next step in digital transformation.”

To solidify this milestone event, the launching ceremony was inaugurated by key figures from both organizations — Datuk Tiong Thai KingPresident of GRM; Dato’ Stanley Ling; Mr. Sylvester Wong Hsiang HuiExecutive Director of GRM; Mr. Dowson Tong; Mr. Poshu Yeong, Senior Vice President of Tencent Cloud International; and Mr. Kenneth Siow.

The Grand Launching Event attracted over 100 distinguished attendees and business partners from various countries. GRM showcased Alto Cloud’s cutting-edge products and solutions, including:

Cloud Virtual Machine (CVM): Secure, flexible computing capabilities scalable to meet diverse business needs, optimizing IT operations.
Cloud Object Storage (COS): Distributed storage with unlimited capacity, adaptable for data lakes and processing, featuring seamless Amazon S3 API integration.
Cloud Lighthouse: Ready-to-use cloud servers tailored for lightweight scenarios.
CloudDB for MySQL: Scalable MySQL database instances with backup, monitoring, and rapid scaling, enhancing database management.
CloudDB for Redis: Caching and storage service supporting various data structures, with features like primary-secondary hot backup, disaster recovery, and online scaling.

The event not only celebrated the launch of Alto Cloud but also highlighted GRM’s commitment to advancing digitalization in Malaysia through strategic partnerships and innovative solutions.

For more information about Alto Cloud and GRM’s offerings, please visit https://official.altocloud.asia/

About Tencent Cloud:

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

Polyhedra Community Scales ZK Proofs with Proof Cloud Enabled by Google Cloud, Industry News

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business new tamfitronics Polyhedra Community Scales ZK Proofs with Proof Cloud Enabled by Google Cloud

PUBLISHED ONApril 17, 2024 8:10 AM

SINGAPORE, April 17, 2024 /PRNewswire/ — Polyhedra Community (“Polyhedra”), the team pioneering the following know-how of discover and scalable zero-records (ZK) proof infrastructure, has joined forces with Google Cloud to deal with the surging inquire of for ZK technologies in both the Web3 and Web2 environments. This collaboration leverages Polyhedra’s cutting-edge analysis and proprietary algorithms, which at the 2nd are accessible to developers worldwide through ZK-as-a-carrier, enabled by Google Cloud. Polyhedra’s custom-made algorithm, meticulously optimized to efficiently assemble explicit proofs at scale, seamlessly integrates with Google Cloud’s highly optimized infrastructure, guaranteeing unparalleled efficiency and reliability for developers utilizing ZK proofs.

The Proof Cloud is a cloud-basically based fully mostly carrier that streamlines the strategy of manufacturing zero-records proofs and enables developers to allege Polyhedra’s innovative zero-records proofs and assemble code straight on Google Cloud infrastructure. To this point, Polyhedra Community’s Proof Cloud has already served greater than 40 million ZK proof know-how initiatives, and supports a tall selection of ZK infrastructure capabilities akin to zkBridge and ZK Oracles. The partnership is the most up-to-date initiative undertaken by Polyhedra Community to lengthen its zero-records product offering beyond interoperability into extra generalized capabilities that rob pleasure in zero-records know-how.

“Integrating with Google Cloud is the major step in the direction of making zero-records proof services accessible to all. Zero-records proofs offer an innovative approach to the points of recordsdata validity and scalable computation fresh in contemporary-day computing processes. Proof Cloud enables major hasten and rate improvements when put next to gift benchmarks, and now with Google Cloud, this functionality will be accessible to a mighty wider viewers,” mentioned Eric VreelandChief Approach Officer of Polyhedra Community.

Polyhedra Community’s zero-records proof know-how services maintain shown continuous growth since its open, with proof know-how rising 100x at some point soon of the last year. This partnership additionally follows carefully on the heels of Polyhedra’s fresh $20M funding spherical that elevated the firm to Unicorn draw. Expanding on this settlement, the two companies are role to collaborate to assemble zero-records machine-studying capabilities that leverage Polyhedra to supply a means for AI quality regulate as AI consumption continues to role original records each and each day.

“We are committed to serving to the Web3 ecosystem develop by offering developers with discover and scalable know-how to compose original and innovative capabilities,” mentioned Rishi RamchandaniHead of APAC Web3 at Google. “Our collaboration with Polyhedra Community will wait on approach zero-records choices and compose zero-records accessible to extra developers.”

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Google Cloud Deepens Blockchain Footprint With EigenLayer Mainnet Node Operation

Technology tamfitronics

Google Cloud has escalated its blockchain involvement by taking allotment as a node operator on the EigenLayer mainnet on Tuesday.

This marks a pivotal moment in the tech giant’s Web3 bolt.

EigenLayer Receives Passion From Google Cloud Upon Mainnet Start

This trend, introduced by Sam Padilla, Web3 product manager at Google Cloud, highlights the tech behemoth’s dedication to the evolving restaking protocol ecosystem. Furthermore, Google Cloud has also been involving in the EigenLayer testnet since November 2023.

EigenLayer’s innovation permits Ethereum (ETH) staking at some level of numerous platforms, a ability that went live for stakers in June. Now, as a mainnet node operator, Google Cloud has transitioned from taking allotment in EigenLayer’s “Operator Working Crew” to playing a excessive role in the community’s operation.

Google Cloud has been proactive since initiating its blockchain division in early 2022. It launched the Blockchain Node Engine, initiated a web3 startup program, and solid alliances with key protocols like Polygon and LayerZero. As a result, its mission into EigenLayer represents a strategic expansion of its Web3 footprint.

Read extra: What Is EigenLayer?

Amid concerns about gargantuan cloud services and products affecting decentralization, EigenLayer maintains a balance by allowing numerous participation in its operator registry. Due to this truth, Google Cloud’s involvement enhances the protocol’s robustness and inclusivity.

Furthermore, the original mainnet activation introduced EigenDA, a original files availability resolution. Though the EigenLayer mainnet originate included some barriers, honest like now not together with slashing, it signifies a considerable step toward fat protocol maturity.

“We’re allowing the EigenLayer market to create and stabilize earlier than introducing in-protocol funds and slashing to mainnet later this year,” EigenLayer explained.

The initiative has accelerated EigenLayer’s converse, with its total set locked (TVL) exceeding $13.33 billion, ranking it as the 2d-most intelligent DeFi protocol. The liquid restaking tokens (LRTs) narrative will most definitely be revolutionizing DeFiwith EtherFi on the forefront, boasting a TVL of over $3.82 billion.

Technology tamfitronics EigenLayer TVL — EigenLayer TVL. Source: DefiLlama

Vastly, mission capital passion in such rising blockchain innovations is surging. As an illustration, Andreessen Horowitz invested $100 million in EigenLayer in February, highlighting the sector’s doubtless. Furthermore, Binance Labs’ funding in Renzo underlines the vitality of the liquid restaking domain.

Read extra: Ethereum Restaking: What Is It And How Does It Work?

Renzo Protocol serves as EigenLayer’s restaking hub, integrating Ethereum wise contracts to streamline the restaking route of. It’s the 2d most intelligent liquid restaking protocol with a TVL of virtually $3 billion.

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