Global perspective. Clear attribution. Updated throughout the day.
Live desk Concise briefs from trusted publishers · Always follow the source for the full report
Markets
GBP/USD 1.3319 FrankfurterEUR/USD 1.1436 FrankfurterUSD/NGN 1,326.74 FrankfurterUSD/JPY 157.75 FrankfurterGold $4,256.20/oz Gold APISilver $63.70/oz Gold API
Breaking
Isbae U says desire for a new format led to interview series Punch NigeriaTG Omori describes financial strain of kidney failure treatment Punch NigeriaAnthony Joshua uses intensive stretching equipment in Fury preparations Punch NigeriaIranian adviser warns conflict could reach Indian Ocean after further US attack Punch NigeriaJigawa police arrest alleged syndicate linked to nine deaths Punch NigeriaEl-Rufai says former allies’ departure has not bred resentment Punch NigeriaShettima tells Nigerian diaspora that country is open for investment Channels TelevisionXi’s US visits show changing balance between summitry and strategy South China Morning PostIdentity agency rejects claims of compromise involving NIN records Punch NigeriaDangote refinery accounted for most Nigerian petrol receipts in August Punch Nigeria
Scores
Belgium U21 v Belarus U21 15:00 UTC UEFA European Under-21 Championship · TheSportsDBSan Marino U21 v Kosovo U21 18:30 UTC UEFA European Under-21 Championship · TheSportsDBSeattle Sounders v Real Salt Lake 2–0 American Major League Soccer · TheSportsDB
Technology

Alibaba presents AI plan focused on commercial returns and lower infrastructure costs

Source: South China Morning Post · 24 Sep 2026, 09:30 UTC
Alibaba presents AI plan focused on commercial returns and lower infrastructure costs
Image: South China Morning Post · original report

Alibaba has outlined an AI strategy aimed at turning its expanding technology investment into revenue while improving infrastructure efficiency. Analysts described the approach as more practical and disciplined, following a sharp rise in capital expenditure, at the company’s Apsara Conference in China.

Alibaba Group Holding has presented an artificial-intelligence road map that places greater emphasis on monetisation and infrastructure efficiency, according to the South China Morning Post. The plan was showcased at Alibaba’s flagship Apsara Conference, which ran from Tuesday to Thursday under the theme “Intelligence goes beyond”. The supplied material does not identify the specific products, services or financial targets included in the road map.

The presentation was described as a pragmatic shift by the Chinese technology company. That assessment reflects Alibaba’s attempt to set out a clearer route from its AI investments to commercial returns, even as its capital expenditure has risen sharply. Cathy Chan, an analyst at CCB International, said the conference highlighted “Alibaba’s disciplined execution across its full-stack AI ecosystem”.

Her assessment was cited by the South China Morning Post. The description of a full-stack ecosystem indicates that the strategy covers multiple layers of Alibaba’s AI operations, but the available material does not provide further technical or operational detail. It also does not quantify the increase in spending or say when the company expects the new initiatives to generate revenue.

Alibaba’s presentation therefore provides a broad direction for its AI business rather than a fully detailed financial plan in the information supplied.

About this report
This independently written report is based on information supplied by the named publisher. Vertrix News has not independently verified the source report.
View the original source at South China Morning Post →