AI Index / Alibaba Group Holding Limited
Alibaba Group Holding Limited (BABA)
Alibaba Group Holding Limited is using AI across its product lines, implementing AI innovations to drive customer satisfaction and improve operational efficiency.
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Location: CN
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Market Cap: $361.0B
link
https://www.alibabagroup.com
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Cloud Intelligence Group revenue growth accelerated to 26% year-over-year with AI-related product revenue maintaining triple-digit growth for the eighth consecutive quarter.
- Yongming Wu
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Quotes from alibaba Executives About Artificial Intelligence and Generative AI
During the quarter, AI-related revenue accounted for over 20% of revenue from external customers as AI demand continued to grow rapidly. We're also seeing AI applications driving great growth momentum of traditional products, including compute and storage.
- Yongming Wu
We've continued to advance the capabilities of our AI foundation model. Since July, Alibaba has released upgraded Qwen3, including a nonthinking model, reasoning model and AI coding model, which are recognized as global top performers in their respective categories.
- Yongming Wu
Looking ahead, Alibaba Group has 2 historic opportunities, to build a technology platform centered on AI + Cloud.
- Yongming Wu
Our investments in AI have begun to yield tangible results. This is evidenced by Alibaba Cloud's returned to rapid growth driven by AI demand and our AI-enhanced experiences across consumer and enterprise-facing scenarios.
- Yongming Wu
The transformative impact of AI on all industries, combined with a deep integration of AI and cloud will present the most significant opportunity in the technology sector over the next decade.
- Yongming Wu
For Alibaba, we have the world's fourth largest in Asia's leading cloud infrastructure along with full stack technology capabilities spanning AI computing power, AI cloud platforms, AI models and open source ecosystem and AI applications.
- Yongming Wu
As we expand infrastructure capacity, we are helping more customers deploy and the scale their AI workloads.
- Hong Xu
We're also open sourcing several models such as the video generation model Wan2.2 and the text to image model Qwen-Image. By continuously upgrading our open source models, we're empowering our customers to develop their own AI applications.
- Yongming Wu
In terms of our strategic objectives, the priority is on growing the number of users expanding into new use cases and not in the short term on increasing gross margin.
- Yongming Wu