DeeperML

Alibaba's CEO, Eddie Wu, has announced that the company's primary objective is now the pursuit of Artificial General Intelligence (AGI). This strategic shift was communicated to investors during an earnings call where Wu emphasized that Alibaba aims to develop models that "extend the boundaries of intelligence." The decision highlights the increasing influence of AI within the technology sector, particularly in the context of Alibaba's traditional e-commerce business, which includes services like AliExpress and Taobao.

This focus on AGI, a type of AI that matches or surpasses human cognitive capabilities, signifies Alibaba's commitment to innovation in the rapidly evolving AI landscape. Wu believes that if AGI is achieved, the AI industry could potentially become the world's largest. The company has already been active in AI development with its Qwen large language models, with the latest version unveiled in January. Alibaba's revenue has seen an 8% year-over-year increase, marking progress in its AI-driven strategies.


References :

• oodaloop.com: Alibaba Group Holding Ltd.’s chief executive officer said the pursuit of artificial general intelligence is now the company’s “primary objective.â€�
• ReadWrite: The CEO of the Chinese e-commerce company Alibaba is reported to have told investors that the “primary objectiveâ€� and focus…
• www.eweek.com: Alibaba CEO’s focus on theoretical technology comes after a good few years for the e-commerce giant and Qwen maker.
• eWEEK: Alibaba Commits to AGI, Making AI “The World’s Largest Industryâ€�
• OODAloop: Alibaba CEO Wu Says AGI Is Now Company’s ‘Primary Objective’
• readwrite.com: The CEO of the Chinese e-commerce company Alibaba is reported to have told investors that the “primary objectiveâ€� and focus…

Classification:

• HashTags: #ArtificialIntelligence #AGI #Alibaba
• Company: Alibaba
• Target: Advancement of AI
• Product: Qwen
• Feature: Pursuit of AGI
• Type: AI
• Severity: Informative