Alibaba's cloud unit shows AI traction in Q2
Alibaba's cloud unit is now approaching a $17 billion annual revenue and the company said it will continue to invest in AI services.
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Alibaba cloud unit shows AI traction in Q1
Alibaba said it saw "double-digit public cloud growth and increasing adoption of AI-related products." AI-related product revenue grew at a triple-digit pace.
Alibaba's cloud unit growth anemic in Q4 with AI green shoots ahead
Alibaba's Cloud Intelligence group posted revenue growth of 3% for the quarter ending March 31, well below global cloud providers. The company said AI-related workloads are showing strong demand.
Alibaba Cloud focuses on revenue quality, boosts Q3 profitability
Alibaba's cloud unit in the fiscal third quarter delivered revenue growth of 3%, but improved its adjusted earnings before interest, taxes and amortization by 86%.
Alibaba hits brakes on cloud spin off plans
Alibaba said it won't spin off its cloud intelligence group citing US sanctions and an uncertain demand environment.
Alibaba plans to spin off its Cloud Intelligence Group within 12 months
Alibaba's cloud unit, which includes Alibaba Cloud and DingTalk, a productivity and collaboration suite, delivered fiscal first quarter revenue of $3.58 billion, down 3% from a year ago
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