Alibaba's Cloud Intelligence Group reported a significant revenue increase for the quarter ending March 31, 2026, with total earnings reaching RMB 41.626 billion (USD 6.035 billion), marking a 38% year-over-year rise. The growth was largely fueled by a 40% increase in external commercial revenue, driven by heightened demand for public cloud services and AI-related products. Notably, AI product revenue surged to RMB 8.971 billion, achieving its eleventh consecutive quarter of triple-digit year-over-year growth.
Alibaba's AI Revenue Achieves 11th Straight Quarter of Triple-Digit Growth
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