Alibaba Group Chairman Joe Tsai stated that the company will focus on e-commerce and cloud services, which he believes are the richest application scenarios for AI. Alibaba is increasing its investment in related technologies. During the December quarter, the order volume on the Taobao and Tmall platforms achieved double-digit growth. Tsai believes that the founder becoming the company's major shareholder has boosted confidence. He emphasized that a strong management team is crucial for the company's development and can instill new confidence among employees.
Joe Tsai: Alibaba Increases Investment in AI Technology, Founder's Major Shareholding Boosts Confidence

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