The company’s cloud and AI businesses are gaining speed, with token usage and pricing changes fuelling growth, analysts say
2-MIN READ2-MINAnn Caoin ShanghaiPublished: 8:30pm, 9 Apr 2026Alibaba Group Holding’s cloud and artificial intelligence unit is expected to remain a prime engine for the March quarter, with the growth rate forecast to accelerate as the company steps up AI monetisation and reshuffles its AI businesses, according to analysts.Cloud revenue growth was projected to increase to around 40 per cent during the period, up from 36 per cent in the December quarter, analysts said.
Price increases, expansion among Chinese enterprises, and support from in-house chips were expected to collectively boost long-term cloud margins, HSBC analysts said on Thursday.
