
Alibaba Asserts Chinese Tech Dominance, Vows Major AI Focus In Next 3-5 Years: 'We Have The Upper Hand In The Trade War'

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Alibaba Chairman Joe Tsai announced plans to integrate AI into all business operations within the next 3-5 years, emphasizing its importance for expanding the user base. During the AliDay event, he expressed confidence in China's position in the U.S.-China trade war, highlighting the complexity of China's high-tech exports. This follows Alibaba's launch of its advanced AI model, Qwen 3, and a significant capital expenditure of 380 billion yuan to enhance AI infrastructure. Despite a slight drop in stock price, Alibaba's ADRs have risen 47.53% year-to-date.
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