Alibaba Cloud revenue up 38%, AI products hit 11th straight triple-digit quarter

Alibaba reported Cloud Intelligence Group revenue of $6.035B (+38% YoY), with AI products at RMB 8.97B contributing 30% of external cloud revenue and posting an 11th consecutive triple-digit quarter. CEO Eddie Wu said full-stack AI has moved 'from incubation to commercialization at scale.' New Qwen3.6-35B-A3B and Qwen3.5-9B MoE models posted strong Terminal-Bench 2.0 results.