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Alibaba's AI spending cost it three quarters of its profit

Alibaba's AI spending hit $9.98bn in the June quarter, profit fell 75%, and the cloud unit it pays for turned a segment profit up 133%.

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Alibaba's AI spending cost it three quarters of its profit

Alibaba's Q2 profit fell 75% as $9.98bn AI capex crushed cash, but Cloud AI revenue hit $1.82bn with triple-digit growth. Cloud profit jumped 133% (12% margin). Execs project investment breaks even by 2027—ahead of peers—for $100bn revenue.

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Timeline cronologica

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·channelnewsasia.com
Ant Group quarterly profits rise 1% on year
Aug 20 : Alibaba's financial subsidiary Ant Group's quarterly profits rose 1 per cent year-on-year to around 4.7 billion yuan ($698 million) in the quarter ending June 30, Reuters…

Alibaba's AI spending cost it three quarters of its profit

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Alibaba's AI spending cost it three quarters of its profit

Timeline cronologica

Alibaba shares fall 4% as AI spending drives 75% drop in net income

Ant Group quarterly profits rise 1% on year

Alibaba’s AI spending lifts capex 75% as quarterly profit falls 76% · TechNode

Alibaba reports 75% profit drop amid increased AI spending

Alibaba's Revenue Jumps 9% as AI Cloud Growth Hits 45%—But a Profit Plunge Sends Shares Lower - Decrypt

Alibaba’s AI cloud growth surge drives earnings despite soaring tech spending

Alibaba Q1 2026 earnings: profit drops 76% on AI spending

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

Alibaba’s AI cloud growth surge drives earnings despite soaring tech spending

Ant Group's quarterly profit plunges 91% amid aggressive AI spending spree

Alibaba AI outlays dent profit despite best revenue growth in years

Resultados do Alibaba ficam muito aquém do esperado após gastos elevados com IA

Alibaba reports 75% profit drop amid increased AI spending

Alibaba Q1 2026 earnings: profit drops 76% on AI spending

Alibaba posts AI-driven revenue growth despite profit drop

Why Is Alibaba Stock Falling Thursday? - Alibaba Gr Hldgs (NYSE:BABA)

Alibaba expects AI product revenue to reach $10B next quarter

Alibaba misses profit target as capex climbs 75% in AI push

Alibaba's AI spending cost it three quarters of its profit

Alibaba quarterly profit drops 75% as AI investment spending grows

Alibaba's Revenue Jumps 9% as AI Cloud Growth Hits 45%—But a Profit Plunge Sends Shares Lower - Decrypt

Alibaba AI Now Drives 35% of Cloud Revenue - Alibaba Gr Hldgs (NYSE:BABA)

Alibaba’s Profit Plunges as E-Commerce Business Falters, AI Investment Jumps

Alibaba’s AI spending lifts capex 75% as quarterly profit falls 76% · TechNode

Alibaba’s cloud growth comes with a rising AI bill