Alibaba Announces AI Strategy Business Goals: Cloud and AI Commercialization Annual Revenue to Exceed $100 Billion in Five Years

On March 19, during Alibaba Group’s FY2026 Q3 earnings call with analysts, CEO Wu Yongming stated that Alibaba Cloud’s external commercialization revenue for FY2026 as of the end of February officially surpassed 100 billion RMB. Facing long-term growth momentum in the AI market, Alibaba Group’s AI strategic business goal is also very clear — within five years, the annual revenue from cloud and AI commercialization will grow significantly from this year’s over 100 billion RMB to 100 billion USD (approximately 690 billion RMB), with a compound annual growth rate of about 47%.

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