Working Notes on Agent Systems/Brad Zhang

@teach_fireworks / X longform

Ali's latest earnings report is out! The giant wheel is turning to AI quickly, firmly and continuously. The

Ali's latest earnings report is out! The giant wheel is turning to AI quickly, firmly and continuously. The most clear main line of Ali now is AI + cloud. In the...

May 15, 2026 · 1 min read

Ali's latest earnings report is out! The giant wheel is turning to AI quickly, firmly and continuously. The
Figure 1 / source image

Ali's latest earnings report is out! The giant wheel is turning to AI quickly, firmly and continuously. The most clear main line of Ali now is AI + cloud. In the financial report, Wu Yongming mentioned that Ali's full-stack AI investment has gone from incubation to large-scale commercialization. Alibaba Cloud revenue this quarter was 41.626 billion yuan, up 38% year-on-year; external customer revenue growth accelerated to 40%; AI-related product revenue reached 8.971 billion yuan, and triple-digit growth for 11 consecutive quarters. The numbers are straightforward: AI isn't a conference concept, it's actually generating revenue in the cloud business. Details:

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