Alibaba Expects $4.4 Billion in Annualized AI Revenue by Year-End
Alibaba expects annualized AI revenue to reach $4.4B by year-end, up from $1.47B in the current quarter, marking significant growth in its AI model and application services.
Excerpt
<p>Alibaba Group CEO Eddie Wu said Wednesday that the company expects its annualized revenue from AI model and application services to surpass 10 billion yuan ($1.47 billion) in the current quarter through June, and top 30 billion yuan ($4.4 billion) by the end of this year. It was the first time ...</p>
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