Alibaba profit falls 76% as AI cloud logs 22-quarter high growth
Alibaba's Q1 FY2027 net profit fell 76% even as AI cloud revenue rose 45%, the fastest pace in 22 quarters, with data-center delivery time cut to 100 days.
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Alibaba's Q1 FY2027 net profit fell 76% even as AI cloud revenue rose 45%, the fastest pace in 22 quarters, with data-center delivery time cut to 100 days.
Alphabet’s Q1 showed cloud revenue, AI demand and Gemini usage turning heavy infrastructure spending into booked revenue.