Alibaba reports 36% cloud revenue growth, highlights AI momentum in December quarter

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Alibaba said its Cloud Intelligence Group revenue rose 36% year-over-year to RMB 43.28 billion ($6.19 billion) in the December quarter, with AI-related product revenue posting triple-digit growth for the tenth consecutive quarter. Excluding disposed businesses, the group’s total revenue grew 9% year-over-year on a like-for-like basis to RMB 284.84 billion ($40.73 billion…
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