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MWC2025 | Learning Ability Is Productivity, Empower Talent for an Intelligent Future

BARCELONA, Spain, March 10, 2025 /PRNewswire/ — During the Mobile World Congress 2025, Huawei successfully held the Digital Intelligence Talent Development Forum, attracting more than 100 customers from all over the world. At the forum, Huawei Launched the Digital Intelligence Talent Development Service Solution 2.0.

Opening Speech by Jason Liu, President of Huawei Learning & Certification Services
Opening Speech by Jason Liu, President of Huawei Learning & Certification Services

Jason Liu, President of Huawei Learning & Certification Services, highlighted the following questions that enterprises need to address: (1) How do we collaborate and position between people and AI agents? (2) How do we train the experts behind expert models? (3) How do we build a team that keeps learning? He shared four perspectives.

  • People will amplify productivity exponentially. The work mode is shifting from People-centric to Human-Machine Collaboration mode. 
  • Expert behind “expert model” must be comprehensive talent. AI technology is driving the deep integration of DICT and OT. The traditional “T-shaped” talent model is shifting towards a more versatile “π-shaped ladder” talent model.
  • Everyone will have a “6A” learning experience: Any Time, Any Where, Any Device, Any Knowledge, All On-line, AI Learning Copilot.
  • Learning ability is productivity. With efficient knowledge management, learning platforms, and AI learning copilot, we can build a team that keeps learning and push productivity to new levels.

As he mentioned: in 2025, Huawei will launch the “Industry Elites in the ICT Classroom Project” for enterprise customers, and “Leading ICT Talent Cultivation Project” for university students, for the empowerment of digital intelligence talent.

Juanvi Martínez, Business Director of Mercer in Spain, emphasized empowering staff to continuously learn and quickly acquire new skills to adapt to the evolving demands of work in the AI era.

Ian Holloway, Director of the TM Forum Architecture and API Project, said that an effective set of talent standards and frameworks can help organizations achieve continuous growth and expansion. TM Forum will continuously establish and optimize DTMM standards based on GenAI and AN scenario.

Antonio de Luis Acevedo, Director of Spain’s FUNDAE, shared views on national ICT talent development, stressing collaborative efforts. Since 2019, FUNDAE has partnered with Huawei, and more than 200,000 practitioners have learned Huawei’s courses. In 2024, FUNDAE cooperated with Huawei in Spain Academy to enhance digital skills.

Loreevi Gail O. Mercado, HR Director of the PLDT/Smart Group in the Philippines, shared their systematic approach to talent development practice. Through three academies, to enable employees hierarchically and develop future-oriented talents. 

Rumeysa Kaymakci, Director of Turkcell Academy, highlighted that digital transformation goes beyond technology and emphasized the importance of talent. They launched the “Technical Leadership Program” and “Digital Master Program” to accelerate talent digital-intelligence transformation.

Then, Huawei launched the Digital Intelligence Talent Development Service Solution 2.0. It brings in new talent standard, new competence model, and new learning experiences to help customers establish a workforce that can effectively propel digital transformation.

Learning ability is productivity. Huawei will continue to cultivate comprehensive talent in line with the times, enabling individuals and organizations to thrive in the AI era.

XJTLU-ISCA partnership opens accelerated pathway to accountancy careers in Singapore

SUZHOU, China, March 10, 2025 /PRNewswire/ — Students at Xi’an Jiaotong-Liverpool University can now fast-track towards a career in accountancy in Singapore thanks to a partnership between XJTLU’s International Business School Suzhou (IBSS) and the Institute of Singapore Chartered Accountants (ISCA).

Xi'an Jiaotong-Liverpool University's International Business School Suzhou (IBSS)
Xi’an Jiaotong-Liverpool University’s International Business School Suzhou (IBSS)

The newly announced partnership, the ISCA’s first with a university in China, provides eligible XJTLU undergraduate students with an accelerated pathway to the Singapore Chartered Accountant Qualification (SCAQ).

IBSS students now enjoy exemptions for selected subjects under the SCAQ Foundation Programme, cutting the time it takes to receive their Professional Business Accountant designation, the first step in becoming a chartered accountant in Singapore. The ISCA will also award 20 scholarships to the top 5% of students every year to cover the programme fees.

Professor Jorg Bley, Dean of IBSS, said: “We’re immensely proud that our BA Accounting programme has become the first in China to receive ISCA accreditation. This milestone not only underscores the global recognition of our programme’s academic rigor and quality but also reflects our commitment to nurturing future-ready accounting professionals who meet international standards. At IBSS, we strive to bridge East and West by providing our students with a world-class education and opportunities to excel in a competitive global landscape. The cooperation with ISCA is a testament to our dedication to innovation, excellence, and the continuous pursuit of delivering value to our students and the broader business community.”

The collaboration between ISCA and XJTLU is the first phase in a deeper and longer-term partnership. In addition, IBSS connects accounting students with major companies in China including Tencent, DBS China, PwC China, and the Singapore Nanjing Eco Hi-Tech Island, an ISCA-accredited training organisation.

To expand its presence in China, ISCA plans to launch professional services centres in 10 cities by June to promote regionalisation and the availability of professional services in sustainability, legal, and other corporate services.

Claire Qian, Chairperson of the ISCA Shanghai Chapter, said: “Our partnership with XJTLU marks a pivotal first step in our strategy to nurture and grow a robust pipeline of accounting professionals.”

Since its inception, the IBSS Accounting programme has achieved leading international standards in curriculum design, teaching quality, and talent cultivation, and received multiple international professional accreditations. The partnership with ISCA will further enhance its global competitiveness, opening broader career development opportunities for students.

Huawei Launches AI-Centric 5.5G Solutions to Ignite the Mobile AI Era

SHENZHEN, China, March 10, 2025 /PRNewswire/ — At the Huawei Product & Solution Launch during MWC Barcelona 2025, Cao Ming, Vice President of Huawei and President of Huawei Wireless Solution, launched AI-Centric 5.5G solutions. Cao said ” Mobile AI is booming, bringing three major transformations to mobile networks in terms of user experience, O&M, and business models. Huawei launch the intent-driven AI-Centric 5.5G solutions to help operators seize the emerging opportunities by enabling diverse AI application experiences, efficient O&M with high-level network autonomy, and multi-factor business monetization.”

Huawei Cao Ming Launched AI-Centric 5.5G Solutions
Huawei Cao Ming Launched AI-Centric 5.5G Solutions

Mobile AI is benefiting all and leading to three significant transformations to the mobile industry.

Artificial intelligence (AI) is profoundly influencing every person, organization, and society around the world, while mobile networks are bringing AI to every corner of the world. This mutually-beneficial development of AI and mobile networks is placing higher requirements on mobile networks, and transforming the mobile industry in three ways.

First, user experience is transforming from downlink gravitation to diverse dimensions. This means mobile connections are expanding from human-to-human to human-to-AI and AI-to-AI, creating a requirement for more diverse capabilities, including higher uplink for multimodal AI interactions, lower latency for real-time agent chats, and cell-free coverage for ubiquitous AI accessibility.

Second, network O&M is transforming from autonomous network (AN) L3 to AN L4 and beyond. The substantial growth in AI traffic is expected to significantly increase power consumption across devices, networks, and clouds. Furthermore, growing AI connections mean more complex network O&M. These factors highlight the necessity of high-level network autonomy to boost productivity.

Third, business models are transforming from traffic-based to multi-factor monetization. AI application innovations increase experience dimensions, encouraging operators to shift from traffic to experience monetization. The growing popularity of AI services is setting the stage for the extension of connectivity-oriented monetization to value-based monetization.

The intent-driven AI-Centric 5.5G solutions enable operators to build a solid connectivity infrastructure for mobile AI.

Huawei’s AI-Centric 5.5G solutions draw on intent-driven implementations to help operators navigate these three major transformations. They include GigaGear, GreenPulse, and GainLeap solutions, enabling networks to provide better user experience and become more productive while creating more business opportunities.

GigaGear focuses on intent-driven resource collaboration in the time, frequency, spatial, and power domains to ensure efficient, agile scheduling on networks for different users and scenarios. This equips AI applications with superb adaptive and diverse experiences across the board.

GreenPulse introduces intent-driven automation to maximize spectral and energy efficiency. The solution features multi-agent collaboration, automating precise energy saving for “0 Bit, 0 Watt, 0 Loss” and delivering high-level network autonomy for “0 Touch, 0 Wait, 0 Fault”.

GainLeap empowers operators with intent-driven experience and value monetization. It uses the RAN intelligent service engine (RISE) to enable on-demand service orchestration and network capability openness. By using software and hardware coordination with the radio access network (RAN), it enables operators to guarantee diverse experiences.

Huawei’s AI-Centric 5.5G solutions encompass a full lineup of all-scenario 5G-AA products, enabling E2E intent-driven automation in mobile networks through seamless collaboration between 5G-AA products and the RISE.

“AI-Centric 5.5G innovations with three pioneering solutions are just the beginning. Looking ahead, we will continue to innovate alongside all partners and develop more solutions to meet the evolving demands of mobile AI.” concluded Cao.

HD Hyundai Executive Vice Chairman Chung Kisun meets with Palantir CEO Alex Karp to discuss ‘AI Shipyard’

SEOUL, South Korea, March 10, 2025 /PRNewswire/ — HD Hyundai Executive Vice Chairman Chung Kisun met with Palantir Technologies Inc. CEO Alex Karp to discuss the project on building AI shipyards.

HD Hyundai Executive Vice Chairman Chung Kisun met with Palantir Technologies Inc. CEO Alex Karp to discuss the project on building AI shipyards.
HD Hyundai Executive Vice Chairman Chung Kisun met with Palantir Technologies Inc. CEO Alex Karp to discuss the project on building AI shipyards.

HD Hyundai shared that Chung recently visited Palantir’s Washington, D.C., office to meet with Karp.

At the meeting, the two shared the progress of the AI shipyard project, which is currently underway, and discussed how the two companies could also cooperate in the defense sector going forward.

The two companies agreed that their collaboration can significantly enhance security capabilities of both the United States and South Korea, and that AI-based defense solutions will become an important element of each country’s national security strategy in the future.

HD Hyundai has been working with Palantir on the Future of Shipyard (FOS) project since 2021. FOS refers to a future state-of-the-art shipyard that is equipped with digital technologies such as data, virtual and augmented reality, robotics, automation, and artificial intelligence (AI).

HD Hyundai plans to complete the final phase of the FOS project, the construction of an ‘Intelligent Autonomous Operating Shipyard’ in 2030, with the goal of achieving a 30% improvement in productivity and a 30% reduction in construction period.

In addition, HD Hyundai has been jointly developing the unmanned surface vessel (USV) ‘TENEBRIS’ with Palantir since last September, and is continuing collaborations with HD Hyundai Infracore. Chung also appeared in a promotional video for Palantir that was shown at the World Economic Forum Annual Meeting 2025 (Davos Forum) in Davos in January, where he introduced the blueprint of HD Hyundai’s future shipyard.

“Chung is currently visiting the United States to attend CERA Week, the world’s largest energy event, which is scheduled to be held in Houston, Texas, from the 10th to the 14th this month,” said an official of HD Hyundai.

Collinson International partners with China Ping An Insurance (Hong Kong) to provide airport lounge access and alternative benefits during flight delays and cancellations

  • The partnership provides Collinson International’s SmartDelay™ solution as a complimentary benefit for China Ping An Insurance (Hong Kong)’s online travel insurance customers in Hong Kong (SAR).
  • SmartDelay gives customers instant access to over 1,600 airport lounges and alternative benefits in over 700 airports across 145 countries in the event of a flight delay or cancellation.

HONG KONG, March 10, 2025 /PRNewswire/ — Collinson International, a global leader in the provision of airport experiences, loyalty and customer engagement solutions, partners with China Ping An Insurance (Hong Kong) to offer SmartDelayTM as a complimentary benefit to its customers. The partnership enables eligible online travel insurance customers in Hong Kong (SAR) who have registered their flight to access over 1,600 airport lounges or alternative benefits in the event of a flight delay or cancellation.

With travel returning at speed post-pandemic, recent flight delay statistics[1] show that 33 million travellers across Asia Pacific were impacted by more than an hour of flight delays. In addition, Collinson International’s Fear of Switching Off (FOSO) study found that 6 in 10 travellers in Asia Pacific were unable to fully relax when they encountered preflight issues such as flight delays. With travel emerging as one of the highest spend categories for respondents in Hong Kong (SAR) and also across all Asia Pacific markets – accounting for almost a third of annual expenditure – brands have more opportunities to build stronger relationships with their customers, by offering rewards and benefits designed to reduce travel stress.

SmartDelay, now available across all three tiers of China Ping An Insurance (Hong Kong)’s online travel insurance policies, enables travellers to visit an airport lounge or choose an alternative benefit such as a spa experience, sleep pod visit or restaurant discount, without the need to complete a claim form. As soon as travellers are advised of a flight delay of over an hour or flight cancellation, they are sent a QR code to visit the airport lounge or take advantage of an alternative benefit. Customers can enjoy these benefits by simply registering their flight no less than 2 hours before the scheduled departure time, with China Ping An Insurance (Hong Kong)’s policy enabling one additional person travelling with the policyholder to enjoy the benefits of SmartDelay. 

“Travel in Asia Pacific is well on its way to recovery. However, increased passenger traffic can also result in a more challenging journey. The ability to escape busy public spaces within airports and relax in a quiet sanctuary is increasingly attractive to travellers – especially when experiencing added stress from a flight delay or cancellation. With SmartDelay, brands can be there at their customers’ time of need with a simple and seamless solution that alleviates some of this stress,” said Todd Handcock, Global Chief Commercial Officer and Asia Pacific Executive Chair at Collinson International. “We are delighted to partner with China Ping An Insurance (Hong Kong) to extend SmartDelay to their online travel insurance policy holders, offering them peace of mind during such unforeseen circumstances.”  

“China Ping An Insurance (Hong Kong) cares about our customers and we are devoted to becoming a trusted insurance partner who provides protection to our customers in various life stages and also during their travel,” said Hugo Yeung, Deputy General Manager at China Ping An Insurance (Hong Kong). “Through this partnership, our customers can travel with a peace of mind as they are now able to gain instant access to a wide network of airport lounges and travel experiences globally without having to go through a tedious claims procedure, in the event of flight delays or cancellations.”

For more information and to check on eligibility, please visit this website.

About Collinson International

Collinson International is the global, privately-owned company dedicated to helping the world to travel with ease and confidence.  

We work with the world’s leading payment networks, over 1,400 banks, 90 airlines and 20 hotel groups worldwide. We deliver market-leading airport experiences, loyalty and customer engagement, and insurance solutions for over 400 million end consumers. 

Collinson International is the operator of Priority Pass, the world’s original and leading airport experiences programme. Travellers can access a network of over 1,700 lounges and travel experiences, including dining, retail, sleep and spa, in 725 airports in 145 countries, helping to elevate the journey into something special.   

Collinson International’s flight disruption assistance product, SmartDelayTM, gives airline passengers, who have registered their flight, access to an airport lounge or alternative benefit in case of a flight delay or cancellation. 

About China Ping An Insurance (Hong Kong)

China Ping An Insurance (Hong Kong) Company is equipped with a comprehensive operational framework and a professional management team. We continuously develop a diversified range of insurance services, staying attuned to market trends to provide essential general insurance products for large enterprises, small and medium-sized enterprises (SMEs), and individual customers.

With a dedication to advancing “Finance with Temperature”, China Ping An Insurance (Hong Kong) successfully launched its online insurance business in 2010, ushering in a new era for the development of general insurance. Offering 24-hour online instant quotation and policy application services, customers can conveniently select the protection they and their families need anytime, anywhere.

The seamless process eliminates the need for document submission, allowing customers to complete the application in as fast as 5 minutes, with policies instantly approved and issued through an automated system. The important terms and conditions of all insurance products are transparent and clear, enabling customers to apply for or renew policies directly via the company’s website.

[1] Data is sourced from Cirium and reflects data as of June 2024.

 

Doer Biologics Completes Enrollment of the Phase 2 Clinical Study of DR10624 for Treatment of Severe Hypertriglyceridemia

HANGZHOU, China, March 10, 2025 /PRNewswire/ — Zhejiang Doer Biologics Co., Ltd. (“Doer Bio”), a clinical stage biopharmaceutical company developing innovative biotherapeutics for metabolic diseases and cancers, today announces that DR10624, its first-in-class (FIC), tri-specific agonist targeting Fibroblast growth factor 21 receptor (FGF21R), Glucagon receptor (GCGR), Glucagon-like peptide-1 receptor (GLP-1R) has completed the enrollment in the Phase 2 clinical study of DR10624 for the treatment of severe hypertriglyceridemia (SHTG) (“DR10624-201 study”).

The DR10624-201 study is a randomized, placebo-controlled, double-blind study to evaluate the efficacy and safety of three dose levels of DR10624 in adult SHTG patients, who have mean fasting triglycerides of greater than or equal to 5.65 mmol/L (500 mg/dL) at screening. A total of 79 SHTG patients have been enrolled in the 12 weeks study.

Yanshan Huang, Ph.D., founder and Chief Executive Officer of Doer Bio, commented: “DR10624 is a first-in-class long-acting tri-agonist targeting FGF21R, GCGR, and GLP-1R. Developed using Doer Bio’s proprietary MultipleBody® platform technology, DR10624 was engineered to exhibit balanced activity for metabolic diseases. In non-clinical and clinical studies, DR10624 has demonstrated extraordinary potency in reducing lowering triglycerides, normalizing blood lipids, and improving liver function.”

Yongliang Fang, Ph.D., Chief Operating Officer of Doer Bio, added: “We’re excited to announce the successful completion of patient enrollment in the DR10624-201 study. There is growing awareness of the public health threat posed by SHTG. Patients with SHTG face an increased risk of developing acute pancreatitis and atherosclerotic cardiovascular disease (ASCVD), conditions that elevate the risk of hospitalization and death. The DR10624-201 study aims to determine the optimal dose for advancing DR10624 as a novel biologic treatment for patients suffering from SHTG. The topline data is expected in the third quarter of 2025”.

More information about the Phase 2 clinical trial is available at clinicaltrials.gov (NCT06555640)

About Doer Bio

Zhejiang Doer Biologics Co., Ltd. (“Doer Bio”) is a clinical stage biopharmaceutical company that focuses on the discovery and development of multi-domain based multi-specific biotherapeutics to address unmet medical need in the field of metabolic diseases and cancers.

Doer Bio has developed multiple proprietary platform technologies, including xLONGylation®, MultipleBody®, AccuBody®, and SMART-VHHBody.

For more information about Doer Bio, please visit www.doerbio.com

WRISE Group Charts New Growth Path with Office Launch for WRISE Academy in Shenzhen

Aims to achieve wealth inheritance and nurture industry talent as well as tap the growth opportunities of the GBA


HONG KONG SAR – Media OutReach Newswire – 10 March 2025 – WRISE Group (“WRISE” or “the Group”), one of the fastest-growing wealth management firms, is proud to announce the opening of its Shenzhen office and the official launch of WRISE Academy in Shenzhen. This milestone event marks the beginning of a new chapter in WRISE’s commitment to empowering its independent wealth consultants (IWCs) and clients across Asia.

WRISE Academy: empower next-generation wealth leaders

WRISE Academy, a flagship initiative under WRISE Prestige, serves as a cornerstone in developing the next generation of wealth management professionals. WRISE Academy provides comprehensive programmess tailored for Independent Wealth Consultants (IWCs) and family office practitioners, while offering specialised programs for the next generation of affluent clients. This dual approach ensures both professional development and successful wealth inheritance, addressing the growing complexity of modern wealth management needs.

Drawing on WRISE Group’s global presence, WRISE Academy brings together seasoned financial experts from top-tier investment banks, private banks, consulting firms, and other renowned financial institutions armed with profound theoretical knowledge and extensive experience in international financial markets to offer participants with unique practical insights and forward-looking perspectives. The curriculum combines theoretical knowledge with practical application, covering essential areas such as family governance, asset allocation, and risk management. WRISE Academy’s unique approach integrates WRISE Group’s professional service experience with extensive partner resources, providing students with unparalleled learning opportunities and industry connections.

In the family governance courses, WRISE Academy will delve into a wide array of case studies from renowned family businesses globally, with a particular focus on Asia. This approach is designed to equip participants with a deep understanding of family wealth inheritance and governance. By doing so, it aims to prepare them to address challenges in family business succession and transform theoretical knowledge into practical solutions.

Stephen Yan, Chairman of WRISE Prestige in Hong Kong, said: “The establishment of WRISE Academy marks a crucial step in our mission to elevate the standards of professionalism within the wealth management industry. By bringing together a faculty of globally renowned financial experts, we are dedicated to equipping our trainees with cutting-edge knowledge and skills, while also nurturing them as future leaders in wealth management.”

Targeting the Greater Bay Area (GBA) through strategic location and talent selection

The strategic location in Shenzhen positions WRISE Academy at the heart of the GBA’s financial innovation hub. According to a recent market research[1], GBA is home to approximately 1.24 million affluent, 510,000 high-net-worth families, and 30,000 ultra-high-net-worth families, demonstrating its strong potential as a global wealth management hub. In 2024, the region’s financial services sector grew by 6%, with policy initiatives like the Cross-boundary Wealth Management Connect Scheme significantly driving the market demand. These developments have created substantial growth opportunities for the wealth management industry in the GBA.

As part of the GBA strategy, WRISE Group also actively recruits IANG (Immigration Arrangements for Non-local Graduates) talent in Hong Kong to become IWCs. WRISE Academy supports these individuals by offering workshops covering finance, economics, and management and creating pathways for emerging professionals to access international opportunities across global financial centers.


[1] 《Hurun Wealth Report 2024 》: https://www.hurun.net/zh-CN/Info/Detail?num=WH4FGWHNVOMT

Hashtag: #WRISE #WRISEAcademny #WRISEPrestige

The issuer is solely responsible for the content of this announcement.

WRISE

WRISE Group is one of the fastest-growing wealth management firms that helps ultra-high and high-net-worth individuals fulfil their wealth aspirations. Its experienced group of client advisors and investment specialists offer tailored solutions, supported by its proprietary all-in-one wealth management tool that provides clients with complete control and transparency over their total wealth, and the ability to create their own family office with real-time access to expert advice and tailored solutions within a vast ecosystem of top global private banks, investment banks, fund managers, brokers, and others.

WRISE Group of companies include WRISE Wealth Management (Singapore), WRISE Wealth Management (Hong Kong), WRISE Wealth Management Middle East Ltd (DIFC, regulated by the DFSA), WeWrise Services, and affiliated companies WRISE Prestige Securities (Hong Kong), WRISE Prestige Asset Management (Hong Kong) and WRISE Financial Services (Hong Kong).

A Majority of Businesses Intrigued by the Potential of AI in Achieving Sustainability Goals Whilst Energy Consumption Concerns Persist

More than one in two organizations acknowledge gap in understanding how digital technology can facilitate achieving sustainability goals


HANGZHOU, CHINA – Media OutReach Newswire – 10 March 2025 – Over three quarters of businesses (76%) across Asia, Europe and the Middle East are intrigued by the potential of digital technologies, including AI and cloud computing in driving sustainable development, according to the latest survey report titled “Tech-Driven Sustainability Trends and Index 2024”, commissioned by Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group. However, the substantial energy consumption associated with these technologies is still reflecting a key barrier to broader adoption, as 61% of respondents still express concerns over the matter.

This interest in the potential of AI, cloud computing and other advanced digital technologies to support sustainable development varies across regions, with emerging Asian markets leading the way (83%), followed closely by the Middle East (78%), Europe (74%), and developed Asian markets (72%). Notably, the Philippines (91%), Singapore (84%), Indonesia (81%), and Thailand (81%), demonstrate particularly high interest.

Regional Variations in AI Adoption and Sustainability Efforts

Despite this optimism, 59% businesses acknowledge gap in understanding how digital technology can assist in achieving sustainability goals with Asia leading at 63%, followed by Europe at 61% and the Middle East at 45%. Around two thirds (62%) of executives believe their organizations are lagging in adopting cloud computing and AI to accelerate progress towards sustainability goals. This concern is particularly noted in Singapore (80%), the Philippines (77%), and Japan (75%) and Hong Kong SAR (75%), indicating a pressing need for organizations to accelerate their technological adoption to advance sustainability.

Overall, 82% of businesses agree that sustainable development in technology is paramount for their companies, with markets like Singapore (93%), the Philippines (91%), and Indonesia (89%) leading the charge. Companies increasingly recognize the multifaceted benefits of adopting digital technologies for sustainability including cost savings, improved operational efficiencies, and enhanced compliance with Environmental, Social, and Governance (ESG) regulations.

AI and machine learning are viewed as the most crucial digital technologies for advancing corporate sustainability, with businesses in the Middle East (52%) placing greater emphasis on their importance compared to Europe (41%), emerging Asian markets (40%) and developed Asian markets (36%). Meanwhile, 81% of businesses feel human oversight is needed in guiding the development of digital technologies, including AI tools with the Middle East feel the strongest at 91%, followed by emerging Asian markets at 83%, Europe at 82% and developed Asian markets at 74%.

However, the survey reveals a notable concern: 61% of respondents fear that the high energy consumption associated with digital technologies may hinder widespread AI adoption. This concern is even higher in Singapore (85%), the Philippines (77%) and Hong Kong SAR (75%). Furthermore, 71% of businesses believe that the substantial energy consumption of digital technologies such as powering AI may outweigh its benefits with the highest concerns from Singapore (86%), the Philippines (84%) and Malaysia (81%).

The report also highlights the importance of selecting technology providers that prioritize sustainability. When selecting a “green” cloud provider, approximately half of businesses prioritize those that use renewable energy (51%), maintain energy-efficient data centers (46%), and implement carbon footprint reduction initiatives (42%).

Commitment to Green AI and Open-source Innovation

“With feedback from decision-makers across 13 markets, the survey report sheds light on the current attitudes and challenges businesses face in adopting AI and cloud computing for sustainability,” said Selina Yuan, President of International Business, Alibaba Cloud Intelligence. “At Alibaba Cloud, we are committed to supporting businesses on their sustainability journeys with scalable and sustainable solutions. By pledging to use 100% clean energy by 2030 and improving the energy efficiency at our global data centers, as well as optimizing Generative AI capabilities such as large language models (LLMs) performance, AI can be a powerful tool to improve efficiency and optimize energy consumption.”

Alibaba Cloud has made notable progress in its green cloud initiatives. In the fiscal year ending March 31, 2024, the average power usage effectiveness (PUE) of the company’s self-built data centers improved to 1.200 from 1.215 the year before, with 56% of the electricity consumed coming from clean sources. Additionally, Alibaba’s green computing infrastructure has enabled clients to reduce their emissions by 9.884 million tons, a remarkable increase of 44% year-on-year.

In addition, Alibaba Cloud is at the forefront of democratizing AI through its open-source initiatives, making advanced AI technologies accessible and affordable for businesses of all sizes. By releasing cutting-edge open-source models from its proprietary large language model Qwen family, including Qwen2.5-VL and Qwen2.5-1M and its video foundation model Tongyi Wanxiang (Wan), Alibaba Cloud empowers developers to create task-specific AI applications that are both efficient and cost-effective. These open-source models have already inspired over 100,000 derivative models on Hugging Face, showcasing their global adoption and versatility. By promoting smaller parameter models, Alibaba Cloud reduces the cost and energy consumption of AI training and deployment, fostering a collaborative ecosystem that drives energy-efficient innovation.

Surveying 1,300 decision-makers across 13 markets, “Tech-Driven Sustainability Trends and Index 2024” aims to provide valuable insights into the evolving landscape of corporate sustainability. The survey report underscores the essential role of technology in driving impactful change, while highlighting the need for businesses to adopt AI and cloud computing responsibly to address energy consumption concerns and bridge the gap in sustainability efforts.

About the Survey

Alibaba Cloud’s “Tech-Driven Sustainability Trends and Index 2024” was independently conducted by Yonder Consulting, a business consulting firm, with advisory, design and analytical support from The Purpose Business, a sustainability consultancy. The survey collected feedback from May 10 to June 19, 2024, involving 1,300 business leaders and senior management from various industries, including technology and communications, finance, infrastructure, renewable resources, healthcare, transportation, retail, and manufacturing.

Respondents were located across 13 markets in Asia (Indonesia, Malaysia, the Philippines, Thailand, Hong Kong SAR, Japan, Singapore and South Korea), Europe (France, Germany, and United Kingdom), and the Middle East (Saudi Arabia and the UAE). In this survey, developed Asian markets refer to Hong Kong SAR, Japan, Singapore, and South Korea, while emerging Asian markets include Indonesia, Malaysia, the Philippines, and Thailand.

Hashtag: #AlibabaCloud

The issuer is solely responsible for the content of this announcement.

About Alibaba Cloud

Established in 2009, Alibaba Cloud () is the digital technology and intelligence backbone of Alibaba Group. It offers a complete suite of cloud services to customers worldwide, including elastic computing, database, storage, network virtualization services, large-scale computing, security, big data analytics, machine learning and artificial intelligence (AI) services. Alibaba has been named the leading IaaS provider in Asia Pacific by revenue in U.S. dollars since 2018, according to Gartner. It has also maintained its position as one of the world’s leading public cloud IaaS service providers since 2018, according to IDC.