{"id":213195,"date":"2026-05-13T10:07:00","date_gmt":"2026-05-13T14:07:00","guid":{"rendered":"https:\/\/testing.news-you-need.com\/index.php\/2026\/05\/13\/chinas-alibaba-reports-38-jump-in-ai-and-cloud-revenue-as-it-races-to-grow\/"},"modified":"2026-05-13T10:10:09","modified_gmt":"2026-05-13T14:10:09","slug":"chinas-alibaba-reports-38-jump-in-ai-and-cloud-revenue-as-it-races-to-grow","status":"publish","type":"post","link":"https:\/\/testing.news-you-need.com\/index.php\/2026\/05\/13\/chinas-alibaba-reports-38-jump-in-ai-and-cloud-revenue-as-it-races-to-grow\/","title":{"rendered":"China&#8217;s Alibaba reports 38% jump in AI and cloud revenue as it races to grow"},"content":{"rendered":"<p><a href=\"https:\/\/www.audacy.com\/kdawn\/news\/business\/china-alibaba-earnings-artificial-intelligence-e83a76c7188e27f69c9c3d7e4f8d9d83\">China&#8217;s Alibaba reports 38% jump in AI and cloud revenue as it races to grow<\/a><\/p>\n<p><a href=\"https:\/\/www.audacy.com\/kdawn\/news\/business\/china-alibaba-earnings-artificial-intelligence-e83a76c7188e27f69c9c3d7e4f8d9d83\">https:\/\/www.audacy.com\/kdawn\/news\/business\/china-alibaba-earnings-artificial-intelligence-e83a76c7188e27f69c9c3d7e4f8d9d83<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-13 10:07:00<\/a><\/p>\n<p>Source Domain: <a href=\"www.audacy.com\">www.audacy.com<\/a><\/p>\n<ul>\n<li>Alibaba&#8217;s AI and cloud businesses saw accelerated growth in the latest quarter, with a 38% increase in revenue from its Cloud Intelligence Group.<\/li>\n<li>Despite strong growth in AI and cloud sectors, overall revenue rose only 3% to 243 billion yuan ($36 billion).<\/li>\n<li>Alibaba recorded an 848 million yuan ($125 million) operational loss for the quarter, contrasting sharply with a profit of 28.5 billion yuan in the same period last year.<\/li>\n<li>Rising technological investments to support the booming AI demand and cloud infrastructure are significantly affecting profitability.<\/li>\n<li>Alibaba plans to invest at least 380 billion yuan over three years in cloud computing and AI infrastructure, aiming to surpass $100 billion in annual AI and cloud revenue within the next five years.<\/li>\n<li>The company integrated its flagship Qwen AI app with its e-commerce platform Taobao, allowing natural conversation for browsing, comparing, ordering, and managing deliveries, intending to drive up demand.<\/li>\n<li>Alibaba launched an &#8220;agentic&#8221; AI tool called Wukong in March to expand products for commercial customers and raised prices for some AI services.<\/li>\n<li>Competitors like Tencent are also focusing heavily on AI investments, though recent financial results showed expectations were not fully met despite a net profit rise of 21%.<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China&#8217;s Alibaba reports 38% jump in AI and cloud revenue as it races to grow&#8230;<\/p>\n","protected":false},"author":1,"featured_media":213196,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.audacy.com\/media-library\/alibaba-earnings.jpg?id=66728597&width=1200&height=600&coordinates=0%2C416%2C0%2C417","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[],"class_list":["post-213195","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/213195"}],"collection":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=213195"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/213195\/revisions"}],"predecessor-version":[{"id":213197,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/213195\/revisions\/213197"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/213196"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=213195"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=213195"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=213195"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}