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Home»AI in Business»Alibaba Recovers After Its AI Business Drives Profit Surge (NYSE:BABA)
AI in Business

Alibaba Recovers After Its AI Business Drives Profit Surge (NYSE:BABA)

November 16, 20240111 Min Read
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Alibaba Headquarters

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Alibaba (NYSE:BABA) reported revenue increased 5% year-over-year to $33.71 billion. Overall revenue excluding Alibaba-consolidated subsidiaries increased more than 7% year-over-year for the quarter ended September 30, driven by double-digit growth in public cloud, including increasing adoption of cloud-related products. ‘AI.

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