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AI Surges Forward for 4 Months: Alibaba Announces Cloud Revenue Target of $100 Billion Annually
14 hour ago /
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Author：小编
On March 19, Alibaba released its financial report for the third quarter of the 2026 fiscal year, showing significant progress in the AI sector. Alibaba Cloud's revenue increased by 36% year-on-year, with AI-related product revenue maintaining triple-digit growth for ten consecutive quarters. T-Head's self-developed GPU achieved mass production and began providing services to external enterprise customers through Alibaba Cloud. Alibaba also launched the Qianwen App and the Wukong Platform, achieving breakthroughs in AI applications for both consumer (C-end) and business (B-end) segments. Additionally, revenue from its instant retail business grew by 56% year-on-year, demonstrating strong momentum.
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