Alibaba’s AI Gambit: A Strategic Shift in China’s Tech Race

As Alibaba prepares to release its quarterly earnings on November 25th, the Chinese e-commerce titan is making aggressive moves in the artificial intelligence space. The company has launched a new consumer-facing AI application called “Qwen App,” signaling a dramatic departure from its previous enterprise-focused approach and setting the stage for direct competition with domestic rivals.

New antitrust guidelines introduced by China’s market regulatory authority on November 15th have created additional challenges for internet platforms. The regulatory body specifically highlighted “frequent monopoly risks in the platform economy sector,” delivering a clear warning to technology behemoths like Alibaba.

Financial experts remain divided on the company’s prospects. Among 39 analysts Read more...