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Alibaba's financial report for Q1 of the 2026 fiscal year (Q2 of the natural year 2025) shows that the company's Capex investment in AI+ cloud has reached 38.6 billion yuan, reaching a historical high. Alibaba has fully implemented its commitment to invest in AI and has achieved results: AI large models have achieved "multiple launches" and 8 data centers have been newly launched, with businesses such as Gaode and DingTalk fully AI-ified. The high intensity investment provides continuous momentum for Alibaba to seize the historic strategic opportunities in AI development. The performance of the AI + cloud business in this quarter was strong, with Alibaba Cloud revenue continuing to accelerate to 26%, reaching a three-year high. AI-related product revenue has achieved triple-digit year-over-year growth for 8 consecutive quarters. "Looking ahead, we will continue to firmly invest in the two major strategic focuses of large consumption and AI + cloud, seize historical opportunities, and achieve long-term growth." Alibaba Group CEO Wu Yongming said. (Sina Technology).