GNews news News 2d ago

Alibaba quarterly profit drops 75% as AI investment spending grows

HONG KONG — China’s technology giant Alibaba on Thursday reported a 75-percent drop in profit for the latest quarter as it invested big in artificial intelligence (AI) infrastructure, even as revenue coming from its AI-related services gained 45 perc... [1811 chars]
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Source Name
The Manila Times
Source Url
https://www.manilatimes.net

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