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Alibaba says it has finished early-stage AI investment and enters full commercialisation

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.