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BABA-W, Siemens Deepen Strategic Co-op Covering Automation/ AI-Empowered Applications
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Siemens unveiled the deepening of its strategic cooperation with BABA-W (09988.HK), covering multiple areas such as industrial infrastructure, automation, and AI-empowered applications.

Both parties will reportedly integrate Siemens' simulation product portfolio with Alibaba Cloud's computing power and infrastructure to offer computer-aided engineering (CAE) capabilities delivered in an Infrastructure as a Service (IaaS) model to customers in the mainland market.

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