Alibaba Qwen Watch posted an update
Analysts expect Alibaba’s AI cloud and compute revenue to rise by more than 50% in the September quarter, up from 45% growth in the previous quarter. The South China Morning Post reports that analysts also expect the unit’s profit margins to improve.
Why it mattersThat would be a sign that Alibaba’s heavy AI investment is beginning to translate into revenue, though these are forecasts, not reported results. The next test is whether the company’s actual figures match the optimism.
Discuss: How much weight should investors put on AI revenue growth before it shows up in sustained profits?
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