Alibaba Cloud is looking to expand its data center capacity to be 10 times what it operated in 2022, said CEO Eddie Wu during the company's recent Q4 FY2026 earnings call on May 13.
The infrastructure expansion announcement comes after the company saw strong revenue from its cloud and AI offerings.
The quarter brought in $6.035 billion for Alibaba's Cloud Intelligence Group, a 38 percent growth Year-on-Year (YoY) and 40 percent growth from external customers.
Meanwhile, competitor Tencent Cloud said during its own earnings call that the company's use of GPUs for model training remains an "investment for the future" for now.
– Alibaba
