On August 29, Alibaba Group unveiled its financial report, revealing that after excluding the impact of divested businesses, the Group's total revenue surged by 10% year-on-year, with net profit increasing by 76% year-on-year. Notably, Alibaba Cloud's revenue witnessed a 26% year-on-year jump, reaching a three-year high. Furthermore, revenue from AI-related products has enjoyed triple-digit year-on-year growth for eight consecutive quarters. These figures underscore Alibaba's robust growth trajectory in the AI and cloud computing sectors.