14:11
2026-08-21
startupfortune.com
artificial-intelligence
Alibaba's Cloud Unit Posts Fastest Growth in 22 Quarters as AI Spending Bites
Alibaba Group Holding Ltd. reported on August 20, 2026 that its AI Cloud and Compute Services revenue rose 45% in the June quarter to RMB48.44 billion ($7.14 billion), the fastest growth in 22 quarter…