Big news from Alibaba, a giant Chinese company like Amazon! They just had their best sales growth in over a year, making lots of money. They're super excited about using artificial intelligence (AI), which is like a super-smart computer brain. Alibaba is investing a ton of money in AI to become a leader.
- Alibaba's sales grew 8% to $38.4 billion!
- They made a huge profit of $6.71 billion!
- Alibaba is planning to invest heavily in AI and cloud computing.
- They want to create AI that's as smart as people!
Fact | Number |
---|---|
Revenue Growth | 8% |
Total Revenue | $38.4 Billion |
Net Income | $6.71 Billion |