[BLOOMBERG]score: 0.26

Alibaba posts first operating loss since 2021 on AI capex

May 14, 2026

Alibaba reported its first operating loss since 2021 as AI infrastructure capex exceeded revenue, with AI revenue reaching 8.97 billion yuan and 11 consecutive quarters of triple-digit growth.

SOURCE

https://www.bloomberg.com/news/articles/2026-05-13/alibaba-revenue-misses-estimates-despite-ai-monetization-efforts

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