Alibaba: Cloud Intelligence Group's revenue increased by 18% year-on-year for the quarter ending March 31st.

Alibaba released its financial report, stating that as of the quarter ending on March 31, 2025, the revenue of its Cloud Intelligence Group was 30.127 billion yuan, an 18% year-on-year growth. In this quarter, the overall revenue growth accelerated to 17% year-on-year. This growth momentum was mainly driven by faster growth in public cloud business revenue, including an increase in the adoption of AI-related products. AI-related product revenue has achieved triple-digit year-on-year growth for seven consecutive quarters. AI products are increasingly applied in a wide range of industry verticals, including internet, retail, manufacturing, and cultural media, with a growing focus on value-added applications.