[Alibaba Earnings Report: AI Commercialization Accelerates Across the Board, Cloud Growth at 45% Hits 22-Quarter High] According to Golden Finance, on August 20, Alibaba Group released its Q1 fiscal year 2027 earnings report, highlighting a full acceleration in AI commercialization: Alibaba Cloud's external commercialization revenue surged by 45%, marking the fastest growth in 22 quarters; adjusted EBITA increased by 133% year-over-year, with the EBITA profit margin rising to 12%; revenue from AI-related products achieved triple-digit year-over-year growth for the twelfth consecutive quarter, solidifying AI as a definitive growth engine for the cloud business. In the consumer sector, instant retail revenue saw a robust 45% year-over-year increase, Taobao Flash Sale maintained a stable market share, and UE (user experience) continued to improve quarter-over-quarter.