Alibaba Group CEO Eddie Wu announced in a memo to staff that he will lead the newly created Alibaba Token Hub, a business group dedicated to developing artificial intelligence work platforms for enterprises.
The new group will include existing Alibaba units such as Tongyi Laboratory, MaaS Business Line, Qwen, Wukong, and AI Innovation.
“I will lead ATH directly, with a mandate to drive strategic coordination across our AI businesses, embed AI deeply into how we work, and preserve the agility that lets us move fast,” Wu wrote.
The news follows Wu’s confirmation on Thursday of Lin Junyang’s departure, the head of the artificial intelligence division Qwen, making him the third senior Qwen executive to leave this year.
Alibaba is due to report its December-quarter earnings on Thursday, March 19.
By CEO NA Editorial Staff
