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Alibaba’s Joseph Tsai: All Biz Should Be AI-Driven Within 3-5 Yrs
BABA-W (09988.HK) (BABA.US) Chairman Joseph Tsai, speaking at a family and friends event during the "510 Alibaba Day", remarked that the company’s core strategy is ...
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Alibaba’s Joseph Tsai: All Biz Should Be AI-Driven Within 3-5 Yrs
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BABA-W (09988.HK)  +2.000 (+1.586%)    Short selling $1.24B; Ratio 8.747%   (BABA.US)      Chairman Joseph Tsai, speaking at a family and friends event during the "510 Alibaba Day", remarked that the company’s core strategy is "e-commerce and cloud + AI", Chinese media reported.

He emphasized integrating artificial intelligence (AI) into every business segment and process, with all operations expected to be AI-driven within the next 3-5 years.

Related NewsCLSA Forecasts BABA-W (09988.HK) Adj. EBITA to Hike 32.5% YoY in Last FQ, CN CMR to Maintain High Single-Digit Growth
Tsai highlighted that Alibaba designated "AI-driven" as a strategic priority a year ago, and this approach is already yielding results.

He noted that e-commerce does not dominate internet access points, but by focusing on AI, Alibaba could break through to new entry points, potentially creating them with AI to attract more users.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-13 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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