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Alibaba

Alibaba’s AI cloud hits US$5B run rate as operating earnings collapse to zero Alibaba

Alibaba’s AI cloud hits US$5B run rate as operating earnings collapse to zero

AI-related cloud revenue reached RMB9B in the quarter , a US$5.2B annualized run rate and 11th consecutive quarter of triple-digit YoY growth. Cloud Intelligence Group external revenue accelerated to 40% YoY , the fastest growth rate among China’s three major cloud providers. Adjusted EBITA collapsed 84% YoY to RMB5.1B, with…
bubmag
May 20, 2026
Alibaba’s Amap to launch first embodied robot, starting with robotic dog Alibaba

Alibaba’s Amap to launch first embodied robot, starting with robotic dog

Alibaba’s subsidiary Amap (Gaode) is set to release its first product from its embodied intelligence division—a quadruped robot. This is reportedly the first embodied robot product introduced by Alibaba Group. According to insiders, humanoid robots and robotic dogs are both key directions being explored by Amap’s embodied intelligence team. The…
bubmag
April 15, 2026