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68 Alibaba Expects $4.4 Billion in Annualized AI Revenue by Year-End

The Information
Juro Osawa @ The Information 2 place · today 10:29 EDT

Alibaba Expects $4.4 Billion in Annualized AI Revenue by Year-End

Alibaba Group CEO Eddie Wu said Wednesday that the company expects its annualized revenue from AI model and application services to surpass 10 billion yuan ($1.47 billion) in the current quarter through June, and top 30 billion yuan ($4.4 billion) by the end of this year. It was the first time ...

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