The altcoin that announced an agreement with Chinese e-commerce giant Alibaba took off.
AIOZ Network announced that it has joined as a blockchain partner in Alibaba Cloud’s Innovation Accelerator, the cloud services provider of e-commerce giant Alibaba.
Under the partnership, it was stated that Alibaba Cloud’s infrastructure services will be used to develop Web 3, AI, storage, and streaming services.
Erman Tjiputra, founder of AIOZ Network, stated that this collaboration represents an important step forward:
This collaboration with Alibaba Cloud represents an important step forward. We are excited to encourage and support groundbreaking innovations of the new generation developers.
According to CoinGecko data, AIOZ, which has shown a 332% increase in the last 1 month, is trading at $0.898 at the time of writing.
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