During the 2024 World Internet Conference in Wuzhen, Alibaba Group CEO Wu Yongming delivered a keynote speech at the Internet Entrepreneurs Forum on November 21, emphasizing the profound impact of artificial intelligence (AI) on the internet industry. He pointed out that the biggest change in the internet industry this year is still the rapid development of AI technology. Wu Yongming stated that the greatest value of AI is not merely the development of one or two super apps on mobile phones, but in driving productivity transformation across various industries. The development of AI requires a prosperous ecosystem of technology, products, and market.

Alibaba's Tongyi is set to unveil its video generation large model at the upcoming Yunqi Conference, attracting significant attention from the industry. Currently, the Tongyi App channel and Tongyi Wanxiang PC version have quietly launched the 'Video Generation' entry, although the functionality is not yet open and users can only make reservations. According to page information, this new video generation large model is independently developed by Alibaba's Tongyi Laboratory, featuring two main creation modes: 'Text-to-Video' and 'Image-to-Video', allowing users to generate corresponding video content from text or images. This launch will undoubtedly bring new opportunities for content creators.

Alibaba Cloud's Tongyi Large Model platform has launched a free 'PPT Creation' feature, simplifying the PPT production process through independent research and development. It supports intelligent content generation, beautiful design, and smart arrangement. Users only need to input text or upload documents for the system to automatically generate outlines and create content. The design relies on the Tongyi Wanxiang visual large model to ensure high relevance between images and themes. This feature offers various templates to meet needs such as work reports, academic presentations, and daily sharing. In addition, the Tongyi web version has upgraded its 'Real-time Recording' and 'Reading Assistant' features.

Alibaba Group recently released its financial report for the first quarter of fiscal year 2025, highlighting the outstanding performance of Alibaba Cloud. The report shows that Alibaba Cloud's revenue grew by 6% year-on-year, reaching 26.549 billion yuan, with AI-related product revenue achieving triple-digit growth and public cloud business also realizing double-digit growth. Adjusted EBITA profit increased by 155% year-on-year, reaching 2.337 billion yuan.

Alibaba Cloud announced at the Wanwang rejuvenation launch conference that its domain product service has completed an AI transformation. The first domain AI application based on the Tongyi Large Model is now online, along with the addition of over 40 new domain suffixes, including '.ai', marking the official availability of '.ai' domains for record. The upgraded service includes an intelligent naming function: users can input brand information and industry, and the AI model can generate creative domain names with one click, automatically filtering their availability. This innovation transforms domain registration from 'brainpower competition' to 'computational power competition', enhancing efficiency. As the world's second-largest domain market, China is embracing this advancement.