Alibaba says it has moved beyond the early phase of artificial intelligence investment and entered full-scale commercialisation, positioning AI and cloud as its next core growth pillars. In a shareholder letter, Chairman Joe Tsai and CEO Eddie Wu call this a major inflection point for artificial general intelligence. The company cites a full-stack AI ecosystem and rising cloud and AI-related revenue as it accelerates a business reshuffle amid slower commerce growth.

Dell Technologies set out its corporate AI infrastructure strategy at Dell Technologies World 2026 in Las Vegas, targeting what it called the tokenomics era. It said surging token use and data processing driven by agentic AI require full-stack infrastructure spanning computing, networking, storage and security. Executives highlighted workload placement across PCs, data centres and cloud, and an Nvidia-linked “AI Factory” portfolio. Dell also introduced new storage and cyber resilience products and stressed distributed private infrastructure.