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Alibaba Cloud revenue rises 45% as AI spending weighs on profit
The results point to faster top line growth alongside higher AI-related costs, squeezing profitability in the period.
CNBC reports Alibaba Cloud’s revenue grew 45% even as the company’s AI spending weighed on profit.
The outlet frames the update as a tradeoff, with cloud growth accelerating while investment in AI increases costs and pressures margins.
CNBC Markets, CNBC World, and CNBC Earnings all highlight the same contrast between strong cloud revenue growth and profit pressure tied to AI spending.
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