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: $313.6B
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https://www.alibabagroup.com
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Sustained strong demand for AI and rising usage of public cloud drove Alibaba Cloud's 34% revenue growth this quarter, while revenue from external customers accelerated by 29%. AI-related products continued to post triple-digit year-over-year growth for the ninth consecutive quarter.
- Yongming Wu
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Quotes from alibaba Executives About Artificial Intelligence and Generative AI
This quarter, we continued to strengthen our full stack AI capabilities, spanning high-performance AI infrastructure, foundation models and AI development frameworks.
- Yongming Wu
Our flagship model, Qwen3-Max ranks among the global leaders in benchmarks for real-world coding tasks, agent tool use capabilities and other specialized valuations.
- Yongming Wu
Recently, businesses such as the NBA, Marriott, China UnionPay and Bosch have partnered with Alibaba Cloud on AI initiatives.
- Yongming Wu
Last week, we officially launched the Qwen app, which aims to be the most advanced personal AI assistant system powered by our latest models.
- Yongming Wu
Over the past few months, our investments in AI infrastructure, especially in the inference layer, are coming into fruition.
- Yongming Wu
Our cloud business delivered another quarter of accelerated growth as both growth of cloud segment revenue and revenue from external customers accelerated to 34% and 29%, respectively. This momentum was primarily driven by public cloud revenue growth, including the increasing adoption of AI-related products.
- Toby Xu
AI-related product revenue this quarter accounted for over 20% of revenue from external customers with its contribution continue to increase.
- Toby Xu