For the quarter ended June 30, 2024, revenue from Cloud Intelligence Group was $3.653B, a growth of 6% year-over-year. During this quarter, overall revenue excluding Alibaba-consolidated subsidiaries grew over 6% year-over-year, driven by double-digit public cloud growth and increasing adoption of AI-related products. AI-related product revenue continued to grow at triple-digits year-over-year. We will continue to invest in customers and technology, particularly in AI infrastructure, to increase cloud adoption for AI and maintain our market leadership. Alibaba Cloud has gained notable recognition as the cloud service provider of choice in China for AI training and applications. According to the recently released 2024 Gartner “Magic Quadrant for Data Science and Machine Learning Platforms” report, Alibaba Cloud has been mentioned as the only Asia-based cloud service provider among global players.
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