Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
BABA-W Eddie Wu: AI Bubble Unlikely Within Next 3 Yrs
Recommend 28 Positive 53 Negative 22 |
||||
|
||||
|
Eddie Wu, CEO of BABA-W (09988.HK), said during an earnings conference call that BABA-W is making efforts in both AI to B and AI to C orientations. In the AI to B segment, the Company aims to be a world-leading full stack AI service provider, catering to the growing AI demand across various industries. In the AI to C segment, leveraging performance-leading AI models and BABA-W's ecosystem advantages, the Company are creating AI super-native applications for consumers, promoting AI from diverse industries to universal accessibility. Regarding the AI bubble issue, Wu added that, currently, the industry has not only basically saturated with new GPUs, but even with GPUs from the previous generation or even those from 3-5 years ago. Therefore, an AI bubble is unlikely to occur in the next 3 years. Over the next 3 years, AI resources will remain in short supply overall. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
