Alibaba (BABA) says in about a year, and expect AI-related revenue to cross 50%, becoming primary engine driving cloud revenue growth, via conference call
Alibaba is signaling a significant pivot towards AI, projecting that AI-related revenue will comprise over 50% of their cloud revenue within a year.
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Alibaba (BABA) says in about a year, and expect AI-related revenue to cross 50%, becoming primary engine driving cloud revenue growth, via conference call
Ukraine's military says it struck Russian oil refinery in Yarolslavl
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This shift indicates a strategic focus on leveraging AI capabilities to drive future growth, which could reposition them competitively in the cloud sector and influence investor sentiment around their long-term prospects.
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