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