Alibaba (BABA) – AI boom catapults the e-commerce giant back onto the path of success!
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I see Alibaba undergoing an impressive transformation from a troubled e-commerce giant facing significant negative geopolitical influences to an AI-driven growth company. The recent figures speak for themselves: 78% net profit growth and especially a 26% increase in cloud revenue show that CEO Eddie Wu is successfully implementing his "AI plus Cloud" strategy. What's particularly impressive is the triple-digit revenue growth in AI products – here, Alibaba is cleverly positioning itself as a NVIDIA alternative in the Chinese market. The...
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