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2024-02-27 09:20:25
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Joe Tsai: Alibaba Increases Investment in AI Technology, Founder's Major Shareholding Boosts Confidence
Joe Tsai, chairman of Alibaba Group, stated that the company will focus on e-commerce and cloud services. E-commerce presents the most abundant AI application scenarios, and Alibaba is increasing its investment in related technologies. Tsai believes that the founders becoming significant shareholders demonstrates confidence in the company and serves as an important signal. A strong management team is crucial for the company's development, as it can instill new confidence in employees.