Alibaba CEO takes helm of new AI-focused business group

FILE PHOTO: CEO of Alibaba Group Eddie Wu delivers a speech at the opening ceremony of World Internet Conference Wuzhen Summit, in Wuzhen town of Tongxiang city, Zhejiang province, China November 7, 2025. REUTERS/Tingshu Wang/File Photo

SHANGHAI, March 16 (Reuters) - ⁠Alibaba Group CEO Eddie Wu will head its ⁠newly formed Alibaba Token Hub business group, which ‌will focus on building artificial intelligence work platforms for enterprises, the firm said in a statement on Monday.

The new group will ​comprise existing Alibaba units Tongyi Laboratory, ⁠MaaS Business Line, Qwen, ⁠Wukong, and AI Innovation.