Alibaba Targets $100B in AI and Cloud Revenue over 5 Years as Its Vision for the Agentic Era Comes Into Focus
5 Articles
5 Articles
Alibaba targets $100B in AI and cloud revenue over 5 years as its vision for the agentic era comes into focus
This story was first published by Digiday sibling Modern Retail. Change is afoot at one of the world’s largest e-commerce companies as it shifts its business model to adapt to the agentic AI era. During its latest quarterly earnings report on Thursday, Alibaba reported revenue that fell below analyst expectations. For the fiscal quarter ending Dec. 31, 2025, Alibaba reported revenue of 284.8 billion Chinese yuan, or $41.4 billion. Analysts had …
China Tech Giants Lose US$66B in Market Value Amid AI Profitability Concerns
Alibaba and Tencent lost US$66 billion in market value as investors questioned how their AI spending could generate returns, according to Bloomberg. The sell-off came after recent earnings and strategy updates failed to give markets a clear near-term path for monetising AI. Tencent lost about US$43 billion in value, while Alibaba’s US-listed shares shed roughly US$23 billion overnight. The reversal followed a rally in Chinese AI-linked stocks, d…
Photo: Bloomberg Chinese technology corporation Alibaba plans to double its revenue from cloud services and artificial intelligence to $100 billion over the next five years. According to the company's CEO, Eddie Wu, the ambition of setting these financial plans is driven by increased demand for artificial intelligence. According to the financial results published by Alibaba, the company's profit in the fourth quarter of last year decreased by 67…
Alibaba targets USD100b in AI and cloud revenue over five years
China’s technology giant Alibaba Group pledged late last week a goal of surpassing $100 billion in revenue from its artificial intelligence and cloud businesses over the next five years, which it said would be powered by the AI demand boom. The announcement of the ambitious target came as the company posted a 67% drop in profit in […] The post Alibaba targets USD100b in AI and cloud revenue over five years appeared first on MACAU DAILY TIMES 澳門…
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