Alibaba results likely to show limited AI payoff for China tech

China’s Alibaba is likely to highlight its artificial intelligence strategy with its quarterly results on Friday, but in line with its peers Tencent and Baidu, may struggle to show that its big AI investments are paying off.

The companies have invested billions of dollars into AI over the past three years following the global success of ChatGPT, hailing it as a key revenue driver.

They rolled out their own large language models and infused them into their flagship products. But making money from these efforts has proved difficult so far, as Chinese…