Alibaba’s quarterly revenue jumps 9% as AI boom fuels cloud business
2 sources·Updated August 20, 2026
Covered by 2 sources
- Globe and Mail Biz·17h agoAlibaba’s quarterly revenue jumps 9% as AI boom fuels cloud business
Extended ’618′ shopping festival also boosted company’s e-commerce unit
Read at Globe and Mail Biz → - ET Tech·18h agoAlibaba reports 9% rise in quarterly revenue
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.
Read at ET Tech →
