Analysts expect Alibaba's AI cloud revenue to grow over 50% in September quarter
Overview
Analysts expect Alibaba Group Holding's cloud and AI unit to report about 50% revenue growth for the September quarter, up from 45% in the prior quarter.
According to the analysts cited by the South China Morning Post, the acceleration reflects strong returns on Alibaba's aggressive AI investments. These are projections, not reported results, so the actual figure may differ.
Written by AI from the articles below · updated Oct 8, 9:17 PM ET
Check the sources:
Article timeline
Follow the coverage from different perspectives. Times are ET.
- South China Morning Post · TechAlibaba's AI cloud revenue expected to surge over 50% on investment returns
AIAnalysts expect Alibaba Group Holding's cloud and AI unit to report a 50 per cent revenue surge for the September quarter, up from 45 per cent growth in the prior quarter. The projected acceleration is attributed to strong returns on the company's aggressive AI investments.
Heat trend
Not enough continuous observations to show a trend yet.