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Analysts expect Alibaba's AI cloud revenue to surge over 50% for September quarter, accelerating from 45% growth in prior quarter
Analysts across several financial institutions project Alibaba Group Holding's cloud and artificial intelligence unit revenue growth to have accelerated in the three months ended September 30, up from the 45% growth seen in the preceding quarter. The unit's profit margins are also expected to rise, driven by strong returns on its aggressive AI investments.
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