Tag: Sino-US Rivalry
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Alibaba Q3: Profit Crashes 66% on AI Investments
Alibaba’s Fiscal Q3 Reveals the High Stakes of AI Ambition Alibaba Group kicked off its fiscal year with a stark dichotomy: revenue inched up 2% to $40.7 billion for the quarter ended December 31, 2025, but net income cratered 66% to $2.2 billion, hammered by surging investments in artificial intelligence and ultrafast delivery networks Alibaba…