Alibaba’s AI Bet and Profit Trade | Canberra News

Alibaba’s AI and cloud push is costing them big now—profits dropped 75% this quarter—but their AI revenue surged 45%. They’re betting heavily on future demand from “AI agents,” buying up chips and boosting computing power, even if it means tighter margins today. With a goal of $100 billion in AI/cloud revenue within five years and powerful models like Qwen already in play, they’re making a bold, high-stakes play for long-term dominance in the AI race. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8698fae528cfb214