Alibaba soared nearly 2% in premarket trading and its stocks in Hong Kong rose more than 6% today.
On October 20th, Alibaba Cloud released a new operating system "Dragon Lizard" and announced open source at the 2021 Yunqi
Conference. At the same time, the operating system laboratory of Ali Dharma Institute was also announced.
The Dragon Lizard operating system is located on the server side and supports various chip architectures and computing scenarios
such as X86 and ARM.
Alibaba Cloud plans to invest 2 billion special funds for dragons and lizards, and cooperate with 100 ecological partners to promote ecological construction and provide technical support for at least ten years.