HomeAI · summaries
Storia in 19 fonti
Alibaba’s Profit Plunges as E-Commerce Business Falters, AI Investment Jumps
The tech giant reported a 75% drop in net income in the second quarter on revenue of 269 billion yuan, up 9% year-on-year
Confronto fonti
6 prospettive sulla stessa storiaTimeline cronologica
- ·
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…
- ·
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…
