{"id":20400,"date":"2026-05-13T21:38:37","date_gmt":"2026-05-13T21:38:37","guid":{"rendered":"https:\/\/jobuzo.com\/en\/alibaba-ceo-signals-capex-boost-as-china-tech-giant-forges-full-stack-ai-path\/"},"modified":"2026-05-13T21:38:37","modified_gmt":"2026-05-13T21:38:37","slug":"alibaba-ceo-signals-capex-boost-as-china-tech-giant-forges-full-stack-ai-path","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/alibaba-ceo-signals-capex-boost-as-china-tech-giant-forges-full-stack-ai-path\/","title":{"rendered":"Alibaba CEO signals capex boost as China tech giant forges full-stack AI path"},"content":{"rendered":"<div>\n<div><img decoding=\"async\" src=\"https:\/\/cdn.i-scmp.com\/sites\/default\/files\/styles\/og_image_scmp_generic\/public\/d8\/images\/canvas\/2026\/05\/13\/7f77ad2c-8739-43a5-af26-6169acbd18eb_00dc2519.jpg?itok=0D91oipF&amp;v=1778669863\" class=\"ff-og-image-inserted\"><\/div>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Alibaba Group Holding expects its annualised recurring revenue from AI models and applications to hit 30 billion yuan (US$4.42 billion) by the year&rsquo;s end, as the company ramps up its AI commitment.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">AI products are projected to generate more than 50 per cent of Alibaba&rsquo;s cloud-computing revenue within the next year, as the tech giant looks to step up its AI monetisation efforts.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Alibaba CEO Eddie Wu Yongming said the company was likely to &ldquo;overshoot&rdquo; the original capital-expenditure target of 380 billion yuan, citing the massive investment required for the buildout of AI data centres.<\/p>\n<div data-qa=\"InlineAdSlot-Container\" class=\"css-zl1inp e11v3ui14\">\n<div class=\"e11v3ui10 e11v3ui13 css-1umbx1w e1flwkbl0\" data-qa=\"AdSlot-Container\">\n<p>Advertisement<\/p>\n<\/div>\n<\/div>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">The company on Wednesday disclosed quarterly revenue of AI-related products for the first time, reporting that the segment has registered triple-digit growth for an eleventh consecutive quarter. The surge helped bolster a 3 per cent overall revenue increase that was largely in line with market expectations.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">AI-related product revenue hit 8.97 billion yuan, the company said in a filing to the Hong Kong stock exchange, as the segment continues to show strong momentum.<\/p>\n<div data-qa=\"InlineAdSlot-Container\" class=\"css-zl1inp e11v3ui14\">\n<div class=\"e11v3ui10 e11v3ui13 css-1xd1hm8 e1flwkbl0\" data-qa=\"AdSlot-Container\">\n<div class=\"internal-linking-related-contents\"><a href=\"https:\/\/jobuzo.com\/en\/12-weeks-jail-for-school-it-support-technician-who-took-upskirt-videos-of-teachers\/\" class=\"template-1\"><span class=\"cta\">News :<\/span><span class=\"postTitle\">&lt;div&gt;12 weeks' jail for school IT support technician who took upskirt videos of teachers&lt;\/div&gt;<\/span><\/a><\/div><p>Advertisement<\/p>\n<\/div>\n<\/div>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">US-listed shares of the Hangzhou-based e-commerce and AI giant surged as much as 6 per cent in early Wednesday trading. The rally followed management&rsquo;s first-time disclosure of specific AI-revenue figures, which helped offset a 3 per cent overall quarterly revenue increase that arrived largely in line with market expectations.<\/p>\n<\/div>\n<p><sub>Alibaba CEO signals capex boost as China tech giant forges full-stack AI path<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Alibaba Group Holding expects its annualised recurring revenue from AI models and applications to hit 30 billion yuan (US$4.42 billion) by the year&rsquo;s end, as the company ramps up its AI commitment. AI products are projected to generate more than 50 per cent of Alibaba&rsquo;s cloud-computing revenue within the next year, as the tech giant&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/jobuzo.com\/en\/alibaba-ceo-signals-capex-boost-as-china-tech-giant-forges-full-stack-ai-path\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Alibaba CEO signals capex boost as China tech giant forges full-stack AI path&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":20401,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20400","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/20400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=20400"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/20400\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/20401"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=20400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=20400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=20400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}