Alibaba’s earnings took a brutal hit—profits down 75%—but it’s all about the AI bet: they’re dumping cash into next-gen infrastructure, expecting massive future returns. AI cloud revenue jumped 45%, proving demand is real. CEO’s bullish: scaling up will turbocharge growth and profits. Their Qwen model’s getting serious hype, and they’re targeting $100B in AI/cloud revenue in five years. Stock dipped—but the gamble? Big.
Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN: advertise@thednn.ai
This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai.
Podden och tillhörande omslagsbild på den här sidan tillhör
The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av,
eller tillsammans med, Poddtoppen.