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During the analyst call for the third quarter financial report of the Alibaba Group in the 2026 fiscal year, CEO Wu Yongming stated that Alibaba has formed a complete full-stack AI capability from AI Infra to applications and is accelerating the development of the MaaS platform. In the past three months, the scale of token consumption in the public model service market on the Bai Lian MaaS platform has increased sixfold, and it is expected that commercialized MaaS revenue will become Alibaba Cloud's largest revenue product.
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