Alibaba Earnings: AI Chip vs Nvidia, $34.5B Revenue, Quick Commerce Growth. Alibaba’s Q1 results reveal massive bets on AI and cloud. From a 25% surge in instant commerce users to triple-digit AI growth and a new chip built in China, the e-commerce giant is chasing historic opportunities. Shares climbed over 5% to $125.68 as investors reacted. Will this be the turning point for Alibaba in the AI race? #Alibaba #AI #Nvidia