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Alibaba to overspend on AI with growth ahead of margins in latest earnings push
Technology
Published on 13 May 2026
380 billion yuan plan could be blown past
Alibaba says it will likely spend more than its earlier projected 380 billion yuan on artificial intelligence over the next three years, even as earnings feel the strain. In its latest results, heavy investment in AI and cloud infrastructure pressured profit, but the company insists market leadership matters more than margins as AI demand accelerates for its Cloud Intelligence Group.
- Alibaba plans AI spending above its earlier 380 billion yuan estimate
- Quarterly results were pressured by major AI and cloud infrastructure costs
- Management prioritises growth and market leadership over margins
- Rising AI demand is boosting Alibaba Cloud Intelligence Group
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times