The proportion of Aliyun's AI revenue has surpassed 20%.
Alibaba stated during the financial report conference call that the external commercial quarterly revenue of Alibaba Cloud increased by 26% year-on-year, with AI revenue accounting for over 20% of external commercial revenue. In this quarter, Alibaba Cloud revenue grew by 26% to 33.398 billion yuan. The company mentioned that the growth was attributed to the accelerated development of AI applications, increased customer acceptance, and the growth in demand for traditional computing and storage products driven by AI applications.
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