Alibaba Posts Weaker Earnings as Cloud Revenue Grows 45% Amid Heavy AI Investments
pstAsiatech · x · 2026-08-20
Alibaba reported weaker-than-expected earnings due to heavy investments in AI infrastructure, though external revenue for its cloud unit accelerated to 45% growth in the fiscal first quarter. The WSJ highlights the tension between AI spending and short-term profitability.
Related event: Alibaba Profit Plunges 75% as Cloud AI Revenue Soars 45%(3 posts)→
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