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Does Alibaba Group (BABA) Elevating AI to the C-Suite Reframe Its Cloud Investment Narrative?
In early March 2026, Alibaba Group Holding announced a new foundation-model task force led by CEO Eddie Wu after the resignation of Qwen AI chief Junyang Lin and several team members, reaffirming its commitment to open-source AI and a planned RMB 380.00 billion (about US$53.00 billion) AI infrastructure program.
By quickly elevating AI oversight to its top executives while recruiting high-profile researchers and consolidating models under the Qwen brand, Alibaba is signaling that AI has...