Wu Yongming: Alibaba's AI model and applications ARR in the June quarter will exceed 10 billion yuan, and is expected to exceed 30 billion yuan by the end of the year.

During the analyst call for the Q4 financial report of the 2026 fiscal year, Alibaba stated that AI model and application services revenue is experiencing exponential growth and becoming a new revenue engine. Alibaba Group CEO Wu Yongming predicts that in the June quarter, the annual recurring revenue of AI model and application services, including the Bai Lian MaaS platform, will exceed 10 billion RMB, reaching over 30 billion RMB by the end of the year. "The high-profit margin advantage of this revenue segment is gradually becoming prominent and will be a pillar of healthy and high-quality revenue growth in the future."