Benzinga Alibaba's Cloud Was Born Out Of 'Necessity,' Says Chairman Joe Tsai — Dependence On US Vendors Threatened 'All Of Our Profits'
Alibaba Chairman Joe Tsai says the company built its cloud business out of necessity to escape costly dependence on U.S. tech vendors—a move that has since propelled Alibaba Cloud into a leading Asian provider amid strong revenue and AI-driven growth. read more