
China's Alibaba on Thursday reported a 9% rise in quarterly revenue, as strong demand for AI services fueled growth in its cloud business, while an extended "618" shopping festival boosted its core e-commerce unit. As businesses increasingly deploy artificial intelligence applications, demand for the cloud computing power needed to train and run those systems has surged, benefiting China's largest technology companies. Alibaba, the country's biggest cloud services provider, has stepped up investment in AI infrastructure, proprietary models and applications, positioning the technology as a key growth driver for its cloud and consumer businesses.






















