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Alibaba's core profit plunges 84% even as AI and cloud growth accelerate
Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce.
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cnbc.com
Alibaba's core profit plunges 84% even as AI and cloud growth accelerate
Alibaba on Wednesday said its core profitability plunged in the March quarter amid heavy investments in tech and e-commerce.
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kr-asia.com
Alibaba’s AI cloud gains ask investors to look past profit decline
Heavier spending has wiped the tech giant’s profit and pushed cash flow negative, even as AI demand continues to outstrip supply.