Alibaba quarterly profit drops 75% as AI investment spending grows
China's Alibaba reports a 75% drop in profit for the latest quarter from the year before to roughly $1.6 billion as it invests heavily in AI infrastructure
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Alibaba quarterly profit drops 75% as AI investment spending grows Why it matters: AI News is expanding the infrastructure surface for builders, which can change where inference runs, what gets deployed locally, and how teams package AI workloads. Source: Abc News https://a2...
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