Alibaba’s AI Gambit: A Strategic Shift Amid Financial Headwinds

Alibaba Group is making aggressive moves in the artificial intelligence arena, unveiling its most ambitious consumer-facing AI product to date just days before its highly anticipated quarterly earnings report scheduled for November 25. While most technology giants are gradually scaling their AI strategies, the Chinese e-commerce leader is charging ahead with accelerated momentum.

When Alibaba discloses its second-quarter fiscal 2026 results next Tuesday, analysts will be scrutinizing the numbers closely. Market experts project earnings per share of $0.85, representing a significant decline from the $2.10 reported during the same period last year. Revenue forecasts point to an increase, with expectations set at $34.29 billion, which would translate to year-over-year growth of approximately 4%.

The company’s Read more...