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Alibaba Financial Report Conference Highlights: AI Revenue Surpasses 20% of Alibaba Cloud's Revenue
1 week ago /
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Author：小编
During the financial report conference call on the evening of August 29, Alibaba announced that its Alibaba Cloud division had witnessed a significant uptick in external, commercialized quarterly revenue, which surged by 26% year-on-year to reach RMB 33.398 billion. Notably, revenue from AI services accounted for over 20% of this total. The company attributed this robust growth to the accelerating pace of AI application development and heightened customer adoption. Furthermore, the proliferation of AI applications has fueled an increase in demand for traditional computing and storage solutions.
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