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Joe Tsai: Full-Stack AI Is Core Future Strategy of BABA-W
2026-06-22 10:17:35 BABA-SW (09988.HK) Chairman Joseph Tsai recently stated at VivaTech 2026 in Europe that full-stack AI is Alibaba's core strategy for the future. Of the more than USD100 trillion in global GDP, at least half (USD50 trillion) is related to human productivity and human intelligence, which represents the total addressable market for AI. He noted that Alibaba holds advantages across the full AI stack. At the energy layer, Alibaba benefits from China's efficient and low-cost energy supply. At the infrastructure and model layers, Alibaba made early investments in cloud computing and chips many years ago and owns Qwen, one of the world's most popular open-source models. At the application layer, Alibaba's business ecosystem spans e-commerce, Quick Commerce, travel services and mapping, providing large-scale deployment entry points for AI. Chinese enterprises are currently the primary driving force behind global AI open-source development, in his opinion. Over the past few years, Alibaba's team has made considerable contributions to advancing the open-sourcing of frontier models and continues to make relentless efforts today. ~ AASTOCKS Financial News Website: www.aastocks.com | |