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AI News from ET - China's Alibaba targets $100B in AI and cloud revenue over 5 years

Vishwadeep Khatri
in AI News & Two Lenses

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Chinese tech giant Alibaba plans to earn over 100 billion dollars from its artificial intelligence and cloud businesses in the next five years. This ambitious goal comes as the company reported a significant profit drop in its latest quarter. Alibaba's cloud business, however, showed strong growth.

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