Q: How has the adoption of AI impacted Alibaba Cloud’s growth, and what industries are driving this demand? A: Eddie Wu, CEO, explained that Alibaba Cloud’s revenue grew by 18% year-over-year, driven by AI-related demand, which has seen triple-digit growth for seven consecutive quarters. Initially, sectors like Internet services, finance, and education adopted AI, but now traditional industries such as manufacturing and animal farming are also migrating to the cloud to leverage AI…
Article Source
https://finance.yahoo.com/news/alibaba-group-holding-ltd-baba-070608107.html
