Alibaba Profit Plunges 75% as Cloud AI Revenue Soars 45%

Alibaba's quarterly profit plunged 75% year-over-year due to heavy AI infrastructure spending, while its cloud and AI unit revenue grew 45% to 48.4 billion yuan, the fastest in 22 quarters, with the company expecting the compute investments to pay back within three years.

2026-08-20 ~ 2026-08-21 · 3 related posts

• Alibaba Posts Weaker Earnings as Cloud Revenue Grows 45% Amid Heavy AI Investments — pstAsiatech · 2026-08-20
• Alibaba's cloud and AI revenue jumps 45%, fastest in 22 quarters, break-even seen in 3 years — pstAsiatech · 2026-08-21
• Alibaba Profit Plunges 75% Amid Heavy AI Infrastructure Spending — Polymarket · 2026-08-21