Alibaba Cloud to boost CapitaLand’s digital operations in China

The enhanced collaboration will include the use of Qwen, Alibaba Cloud’s proprietary large language model.

Alibaba Cloud and CapitaLand Group signed a memorandum of understanding to further strengthen their longstanding partnership and accelerate CapitaLand’s digital transformation in China.

The new agreement will extend beyond cloud-based digitalisation. It will cover a wide range of AI applications, including Alibaba’s large language model Qwen, implemented across CapitaLand’s business ecosystem that will enable smarter operations, precision marketing, ESG integration, and seamless customer service experiences across its diverse online and offline businesses.

Alibaba Cloud and CapitaLand began their collaboration in China in 2015. They formalised their strategic partnership in 2019.

CapitaLand has eliminated the need for local server deployments and substantially reduced its IT infrastructure costs in China since it migrated its enterprise systems to Alibaba Cloud.

The expansion of Alibaba Cloud and CapitaLand’s collaboration underscores their commitment to jointly advancing the application of technological innovation in the real estate sector.

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