Wu Yongming: The demand for cloud and AI is a historic opportunity of 10-20 years.

date
16/05/2025
During the analysts' conference call on the fourth quarter and full year financial results for the fiscal year 2025, Alibaba Group CEO Wu Yongming stated that in the past fiscal year, the group has basically formed a development pattern for AI + cloud, e-commerce, and other internet platform businesses. He stated, "Currently, there is some uncertainty in the global AI supply chain, but we see that the demand for cloud and AI from customers is continuously growing. This is a historic opportunity for the next 10-20 years and will not change due to short-term supply chain fluctuations. Alibaba's confidence and determination in investing in cloud and infrastructure will not waiver."