Alibaba financial report conference call: Reached cooperation with SAP in cloud and AI fields.

On the evening of August 29, during the analyst conference call for the 2026 fiscal year Q1 quarter financial report, Alibaba announced that it has reached a strategic partnership with SAP in the cloud and AI fields. As a global cloud computing partner of SAP, Alibaba Cloud will support SAP's customers in deploying SAP core software systems on Alibaba Cloud. SAP will also collaborate with the Tongyi Qianwen model to provide AI upgrades for enterprise customers.