At the 2023 Yunqi Conference, Alibaba Group Chairman Joe Tsai emphasized that the era of intelligence has commenced, with AI set to become a new form of productivity across various industries. Tsai also noted that 80% of China's tech companies and half of the major model companies rely on Alibaba Cloud services. Additionally, Alibaba's open-source AI community, ModelScope, has attracted 2.7 million developers within a year, featuring over 2,300 high-quality models. Alibaba will continue to increase its R&D investment in Alibaba Cloud, promoting the widespread adoption of cloud computing technology across industries.