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Alibaba Cloud tops China’s full-stack AI cloud market with 40.1% share
Alibaba Cloud generated 23.9 billion yuan in revenue across the three segments, well ahead of rivals.
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Alibaba Cloud generated 23.9 billion yuan in revenue across the three segments, well ahead of rivals.

The performance marks the seventh consecutive year that Alibaba Cloud has ranked first in the market since 2019.

The buildout forms part of Alibaba’s previously announced $53 billion investment plan in AI and cloud infrastructure.

The agreement, announced on June 8, reflects growing efforts by traditional energy companies to deploy AI across generation, storage and grid operations.

Qwen3.7-Plus is the latest addition to the Qwen 3.7 family and is designed to combine perception, reasoning and task execution within a single workflow.

The agreement covers the UEFA Champions League, Europa League and Conference League from the 2027/28 season through 2032/33, as well as UEFA Euro 2028.

Qwen3.7-Max ranked among the top four models overall, breaking what had been a prolonged dominance by Claude-Opus-4.7 and Claude-Opus-4.6.
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The company framed the shift as part of a broader industry transition from model training to inference-driven applications.
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Under the agreements, Alibaba.com will provide AI and digitalization training for 10,000 Pakistani small businesses through its AI-powered trade platform Accio Work.

This rollout comes as companies across sectors from advertising to home appliance increasingly shift toward AI-generated advertising and online engagement tools to boost efficiency and cut costs.