{"id":213222,"date":"2026-05-13T10:09:00","date_gmt":"2026-05-13T14:09:00","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-2\/"},"modified":"2026-05-13T10:45:16","modified_gmt":"2026-05-13T14:45:16","slug":"chinas-alibaba-reports-38-jump-in-ai-and-cloud-revenue-as-it-races-to-grow-2","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-2\/","title":{"rendered":"China\u2019s Alibaba reports 38% jump in AI and cloud revenue as it races to grow"},"content":{"rendered":"<p><a href=\"https:\/\/wtop.com\/business-finance\/2026\/05\/chinas-alibaba-reports-38-jump-in-ai-and-cloud-revenue-as-it-races-to-grow\/\">China\u2019s Alibaba reports 38% jump in AI and cloud revenue as it races to grow<\/a><\/p>\n<p><a href=\"https:\/\/wtop.com\/business-finance\/2026\/05\/chinas-alibaba-reports-38-jump-in-ai-and-cloud-revenue-as-it-races-to-grow\/\">https:\/\/wtop.com\/business-finance\/2026\/05\/chinas-alibaba-reports-38-jump-in-ai-and-cloud-revenue-as-it-races-to-grow\/<\/a><\/p>\n<p>Publish Date: <a href=\"publish_date]\">2026-05-13 10:09:00<\/a><\/p>\n<p>Source Domain: <a href=\"wtop.com\">wtop.com<\/a><\/p>\n<ul>\n<li>Alibaba&#8217;s artificial intelligence (AI) and cloud computing businesses experienced accelerated growth in the latest quarter despite only a 3% rise in overall revenue to 243 billion yuan ($36 billion).<\/li>\n<li>The Cloud Intelligence Group&#8217;s revenue surged by 38% in the January-March period compared to the same quarter last year, showing a better growth rate than the previous two quarters.<\/li>\n<li>Although profitable revenue growth in these sectors accelerated, Alibaba incurred an operational loss of 848 million yuan ($125 million) due to rising technological investment.<\/li>\n<li>The company\u2019s technological investments are part of an extensive plan to build AI and cloud infrastructure, aiming to meet the burgeoning demand for AI.<\/li>\n<li>Alibaba has recently integrated its Qwen AI app with its e-commerce platform Taobao and launched the Wukong &#8220;agentic&#8221; AI tool, seeking to drive commercial demand.<\/li>\n<li>CEO Eddie Wu stated that Alibaba&#8217;s AI efforts are entering a commercialization phase.<\/li>\n<li>Alibaba&#8217;s AI and cloud investments aim to surpass $100 billion in annual revenue in the next five years.<\/li>\n<li>Competitor Tencent also reported weaker-than-expected revenue despite a 21% net profit increase, while analysts suggest its AI investments are beginning to yield returns. <\/li>\n<li>Chinese AI companies are likely to maintain high capital expenditures as they transition from user acquisition to monetization.<\/li>\n<\/ul>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>China\u2019s Alibaba reports 38% jump in AI and cloud revenue as it races to grow&#8230;<\/p>\n","protected":false},"author":1,"featured_media":213223,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/wtop.com\/wp-content\/uploads\/2026\/05\/Alibaba_Earnings_71541-scaled.jpg","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[20],"class_list":["post-213222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-artificial-intelligence"],"_links":{"self":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/213222"}],"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=213222"}],"version-history":[{"count":1,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/213222\/revisions"}],"predecessor-version":[{"id":213224,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/213222\/revisions\/213224"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/213223"}],"wp:attachment":[{"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=213222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=213222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/testing.news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=213222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}