Tag: Silicon Chips
-

Alibaba Bets Big on AI
Alibaba’s fiscal fourth-quarter results reveal a company deliberately trading near-term profitability for dominance in China’s rapidly consolidating AI infrastructure market. Revenue reached $35.3 billion, an 8 percent increase, while the Cloud Intelligence Group posted 40 percent external revenue growth and an annualized AI-product run rate of roughly $5.3 billion. Yet the quarter produced an operating…