Standard & Poor's Global and Alibaba Cloud reach strategic partnership, for the first time in China to provide AI-ready bulk commodity data.

On September 18, S&P Global announced a strategic partnership with Alibaba Group's (09988) technology company Alibaba Cloud, bringing S&P Global's AI-ready commodity data into China for the first time. Starting from August 31, Chinese customers can access commodity data sets covering energy, metals, chemicals, and agriculture more directly through Alibaba Cloud's object storage service. By localizing the deployment of AI-ready data on Alibaba Cloud's OSS, S&P Global effectively addressed the challenges that Chinese customers have long faced in terms of data. Customers can now securely and conveniently access structured, high-quality data sets and immediately put them into use without the need for complex data preprocessing or customized integration. This data can seamlessly integrate with Alibaba Cloud's analytics services and AI engines, including the Qwen large language model, helping companies gain insights faster, ensure data integrity within compliance frameworks, and provide ready-to-use solutions for embedding world-class market intelligence into AI strategies. Mark Eramo, Co-President of S&P Global Commodities, said, "This collaboration with Alibaba Cloud is a significant milestone in our AI-ready data strategy. By bringing our commodity data sets directly into China, we enable local customers to access trustworthy AI-ready intelligence at the speed, compliance, and scale they require. This further demonstrates S&P Global's firm commitment to empowering intelligent decision-making in China, one of the world's most vibrant markets." Alex Chen, Product Manager of Elastic Computing and Storage Product Lines at Alibaba Cloud Intelligence Group, stated, "In today's data-driven era, enterprises face increasing challenges as they manage massive information while also ensuring security and compliance. This strategic partnership is aimed at addressing these needs Alibaba Cloud provides simplified data management solutions, while S&P Global contributes high-quality, professionally cleaned data sets optimized for analytics and AI workloads. Together, we are driving the Chinese enterprise ecosystem towards a new era of intelligent decision-making driven by AI and empowered by cloud computing."