Technologiekonzern: KI-Investitionen lassen Alibaba-Gewinn einbrechen – Kurs fällt
Die Umsatzerwartungen erfüllt der chinesische Konzern zwar knapp, doch enorme Ausgaben für KI-Infrastruktur überraschen Anleger. Alibaba-Chef Eddie Wu spricht dennoch von einem „starken Quartal“.
Alibaba, a major technology conglomerate, reported a significant dip in profits due to heavy investments in artificial intelligence (AI) during the latest fiscal quarter. The company's net earnings plummeted by 75%, falling to 10.5 billion Yuan (1.55 billion US dollars), according to a statement issued on Thursday. This downturn appears to be partly attributed to a valuation effect from previous years, with AI infrastructure spending surging by 75% to 67.7 billion Yuan.
However, the company's revenue rose by 9% to 269 billion Yuan, highlighting its strategic shift towards AI.
While Alibaba's revenue projections were slightly met, the substantial AI expenditures deterred investors. In pre-market trading on US exchanges, the company's shares fell by about 6%. Traditionally, Alibaba's core business in e-commerce suffered, whereas its cloud services and AI division flourished. The company's revenue from AI-related products increased for the twelfth consecutive quarter, growing by double-digit percentages.
Alibaba's CEO, Eddie Wu, praised the quarter, attributing its success to the improved commercialization of the company's comprehensive AI capabilities. He expressed confidence in Alibaba's position to benefit from the significant growth in demand for AI. In August, Alibaba unveiled its latest language model, Qwen3.8-Max.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
