Alibaba CEO Leads New AI Business Unit

Alibaba has established a new artificial intelligence (AI) business unit named Token Foundry, signaling a strategic reorganization to bolster its AI capabilities. This new entity integrates existing AI research divisions, Tongyi Lab and Future Life, placing them under the umbrella of the recently formed Alibaba Token Hub. The move underscores Alibaba's commitment to advancing its AI technologies and consolidating its efforts in this rapidly evolving sector. The CEO's direct involvement highlights the strategic importance of this initiative for the company's future growth and competitive positioning in the AI landscape.