On May 13, during the Q4 fiscal year 2026 earnings call, Alibaba stated that revenue from AI models and application services is experiencing exponential growth and is becoming a new revenue engine. Wu Yongming expects that in the June quarter, the annual recurring revenue (ARR) from AI models and application services, including the Bailian MaaS platform, will surpass 10 billion yuan, and exceed 30 billion yuan by the end of the year. "The high profit margin advantage of this revenue segment is gradually becoming apparent and will be a pillar for our future healthy and high-quality revenue growth," he said. (Jiemian News)
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Wu Yongming: Alibaba's AI Model and Application ARR to Exceed 10 Billion Yuan in June Quarter, Surpassing 30 Billion Yuan by Year-End
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