October 16th, 2025 - 06:27 GMT
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has signed a memorandum of understanding (MoU) with Wio Bank, the Middle East’s leading digital financial platform, to accelerate innovation across cloud computing, AI, and fintech on the sidelines of GITEX Global 2025. Marking a significant step forward for the region's fintech sector, the collaboration demonstrates the commitment of both entities to integrating cutting-edge AI to transform banking services. The strategic collaboration strengthens Wio Bank’s multi-cloud strategy and fast-tracks the adoption of generative AI, by leveraging Alibaba Cloud’s advanced ...