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Chinese Tech Giant Alibaba Posts AI-Fuelled Revenue Bump

Summary by Free Malaysia Today News
Alibaba Cloud's external revenue growth accelerated to 45%, with AI-related product revenue delivering triple-digit growth for the twelfth consecutive quarter. (EPA Images pic)BEIJING: Chinese tech giant Alibaba saw increased revenue in its most recent quarter, results published on Thursday showed, boosted by the global artificial intelligence frenzy driving demand for its products.The Hangzhou-based firm has been ploughing tens of billions of d…

4 Articles

ReutersReuters
Center

Alibaba's quarterly revenue up 9%, misses adjusted profit due to heavy ...

·London, United Kingdom
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Free Malaysia Today NewsFree Malaysia Today News
Lean Right

Chinese tech giant Alibaba posts AI-fuelled revenue bump

Alibaba Cloud's external revenue growth accelerated to 45%, with AI-related product revenue delivering triple-digit growth for the twelfth consecutive quarter. (EPA Images pic)BEIJING: Chinese tech giant Alibaba saw increased revenue in its most recent quarter, results published on Thursday showed, boosted by the global artificial intelligence frenzy driving demand for its products.The Hangzhou-based firm has been ploughing tens of billions of d…

·Petaling Jaya, Malaysia
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Business TimesBusiness Times

Alibaba’s revenue climbs 9% in testament to China’s AI boom

China’s e-commerce leader this year cemented its status as a global AI player Read more at The Business Times.

·Singapore, Singapore
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CNN BrasilCNN Brasil

Alibaba Has a 76% Fall in Profit in the Midst of Strong Investments in AI

According to Alibaba Group CEO Eddie Wu, growth in Alibaba Cloud's external revenue accelerated to 45%, while revenue from AI-related products recorded three-digit expansion

·São Paulo, Brazil
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CNN Brasil broke the news in São Paulo, Brazil on Thursday, August 20, 2026.
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