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Alibaba reports 9% rise in quarterly revenue - The Economic Times

As businesses increasingly deploy artificial intelligence applications, demand for the cloud computing power needed to train and run those systems has surged, benefiting China's largest technology companies.

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Alibaba reports 9% rise in quarterly revenue - The Economic Times

Alibaba reported 9% revenue growth, with AI cloud services up 45% and CapEx jumping 75% to 67.68B yuan for infrastructure investment. The surge in capex signals AI cloud's capital intensity—a competitive lever for well-funded players shaping enterprise IT spending.

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giovedì 20 agosto 2026·cnbc.com
Alibaba shares fall 4% as AI spending drives 75% drop in net income
Alibaba's U.S. shares dropped 4% in premarket trading Thursday after the Chinese tech giant posted net income that plummeted 75% in the June quarter.The company has been investing…
giovedì 20 agosto 2026·economictimes.indiatimes.com
Alibaba reports 9% rise in quarterly revenue - The Economic Times
As businesses increasingly deploy artificial intelligence applications, demand for the cloud computing power needed to train and run those systems has surged, benefiting China's…

Alibaba reports 9% rise in quarterly revenue - The Economic Times

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Alibaba reports 9% rise in quarterly revenue - The Economic Times

Timeline cronologica

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