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Chinese tech giant Alibaba posts profit drop amid AI drive

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Chinese tech giant Alibaba posts profit drop amid AI drive

Key Takeaways30-sec read

  • Chinese tech giant Alibaba said Wednesday that net profit dropped by nearly a fifth during its most recent fiscal year, weighed by challenge...
  • Key updates and context verified by RealNaijaGist correspondents.
  • Full details and ongoing developments highlighted below.
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Chinese tech giant Alibaba said Wednesday that net profit dropped by nearly a fifth during its most recent fiscal year, weighed by challenges in the domestic economy and an expensive push into artificial intelligence.nThe post Chinese tech giant Alibaba posts profit drop amid AI drive appeared fi...

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