playtoearncryptogamestop10| Wu Yongming: Alibaba Cloud's external revenue will return to double-digit growth in the second half of fiscal year 2025

Special topic: Alibaba: revenue of the fourth quarter is 2218Playtoearncryptogamestop1074 million yuan, an increase of 7% over the same period last year.

Sina Science and Technology News on the evening of May 14Playtoearncryptogamestop10At the call of Q4 and full-year earnings analysts of Alibaba Group in fiscal year 2024, Wu Yongming, chairman and CEO of Alibaba Group CEO and Aliyun Intelligent Group, said that this quarter Aliyun has completed the adjustment of its product strategy for the AI era, with continued improvement in revenue quality, double-digit growth in core public cloud product revenue, and triple-digit year-on-year acceleration in AI-related revenue. In the future, Aliyun will continue to focus on "AI-driven, public cloud first", expand its technology and scale advantages, and actively invest in AI infrastructure construction to meet the huge industry opportunities brought by the AI wave.

Wu Yongming said that Tongyi big model and Aliyun's advanced AI infrastructure will be deeply integrated to achieve collaborative optimization at the software and hardware level, "strive to create an AI development platform for the industry with top AI capabilities and excellent cost-effectiveness, and redefine the industry's price-to-performance benchmark."

"based on the leading product portfolio, strong layout of AI infrastructure and active industry partnership strategy, we are confident that Aliyun's commercial revenue (excluding group customers) will return to double-digit growth in the second half of fiscal year 2025." Wu Yongming said.