Reported 8 months ago
In the midst of the AI era, Alibaba's Chairman Jack Ma emphasizes the importance of AI and cloud computing capabilities. Ma predicts that despite Microsoft and OpenAI's close collaboration, their independent positions may lead to a parting of ways. Ma highlights Alibaba's unique advantage of possessing both AI and cloud computing capabilities, which is rare in the industry. He also stresses the need for diversified investments in the crucial area of artificial intelligence for risk mitigation. Alibaba has been actively expanding in the AI sector and has made significant investments in various AI-related companies. Additionally, Alibaba Cloud has dominated the Chinese cloud market but remains behind global competitors like AWS, Azure, and Google Cloud.
Source: YAHOO