Alibaba International Digital Commerce Group recently announced that they are developing an innovative AI-powered conversational procurement engine aimed at revolutionizing the B2B e-commerce procurement experience. This engine is scheduled to debut to the public in September and will focus on serving small and medium-sized enterprises, helping them optimize their procurement processes globally, making them more intuitive and efficient.

Alibaba(1)

One of the core features of the engine is its ability to integrate different e-commerce platforms and parse natural language through advanced AI technology, converting users' colloquial queries into precise professional procurement needs.

In addition, the engine will also have robust data analysis capabilities. It can analyze a company's historical procurement records, predict future procurement trends, and provide personalized procurement recommendations to help companies make smarter procurement decisions.