Alibaba showcase its AI exertion exertion achievements from Alibaba Cloud astatine the World Artificial Intelligence Conference successful Shanghai, China connected July 26, 2025.
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Alibaba delivered amended than expected gross successful its fiscal 2nd 4th arsenic income successful its cardinal unreality computing part accelerated.
Here's however the institution did successful its fiscal 2nd 4th ended Sept. 30 versus LSEG estimates:
- Revenue: 247.8 cardinal Chinese yuan ($34.8 billion) versus 242.65 cardinal yuan.
Revenue roseate 5% year-on-year.
Investors are focused connected Alibaba's unreality computing part which books its gross related to artificial intelligence. Over the past fewer quarters, Alibaba's unreality gross maturation has accelerated.
Alibaba reported a 34% year-on-year emergence successful unreality computing gross to 39.8 cardinal yuan versus expectations of 37.9 cardinal yuan. That maturation complaint was faster than the 26% notched successful the June quarter.
In September, the institution said it plans to summation spending connected AI models and infrastructure development, connected apical of the 380 cardinal yuan ($53 billion) implicit 3 years it announced successful February.
On Monday, Alibaba said its Qwen app, the Chinese giant's rival to OpenAI's ChatGPT, surpassed 10 cardinal downloads wrong the archetypal week of its nationalist launch. The app is powered by Alibaba's Qwen artificial quality models.
Meanwhile, the institution has been investing heavy successful the cut-throat instant commerce market. This a merchandise offering from Alibaba and immoderate of its Chinese e-commerce rivals that promises super-fast transportation connected definite items.
Investment successful this caller conception has weighed connected the profitability of Alibaba's wide concern adjacent arsenic unreality computing remains strong.
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