AI bets pay off: Alibaba posts 5% revenue rise as AI app hits 10 million downloads; cloud business accelerates
Alibaba’s September quarter saw a revenue surge, exceeding expectations, driven by its popular new AI app, Qwen, which garnered over 10 million downloads in its first week. Despite a dip in net profit due to heavy AI investments, the company’s cloud computing revenue also jumped significantly, highlighting its strong push into artificial intelligence and infrastructure.π 1 min read
Alibaba’s September quarter saw a revenue surge, exceeding expectations, driven by its popular new AI app, Qwen, which garnered over 10 million downloads in its first week. Despite a dip in net profit due to heavy AI investments, the company’s cloud computing revenue also jumped significantly, highlighting its strong push into artificial intelligence and infrastructure.
Continue Reading
-
“Getting Bad Signals”: Israeli Psychic Warns Trump Over Middle East Trip
- Before coming on to bat, Sudharsan leaves fans confused with preparations
- Ranji Trophy: Vidarbha Register 100-Run Win Over Odisha, Jharkhand Draw With Baroda
- Supreme Court To Hear Plea Of Judge In Cash Row On July 28
-
Bar Association Flags Concern Over Women’s Representation In Higher Judiciary
- Trump Extends TikTok Shutdown Deadline Again After Reaching Framework Deal
- Stock Market Live Updates Today: BSE Sensex crashes over 900 points in opening trade, Nifty50 near 23,100 as fresh US-Israel-Iran tensions erupt; crude oil prices rise
- ΠΠΎ ΠΊΠ°ΠΊΠΎΠΉ ΠΏΡΠΈΡΠΈΠ½Π΅ Π½Π°ΠΌ Ρ ΠΎΡΠ΅ΡΡΡ ΠΌΠΎΠ½ΠΈΡΠΎΡΠΈΡΡ Π·Π° ΡΠΏΠΈΡΠΊΠ°ΠΌΠΈ
- Pakistan-UAE match drama: How the events unfolded in Dubai
-
‘Even Sachin Tendulkar, Virat Kohli Won’t Survive’: Ex-India Star Slams Kolkata Pitch After SA Test
