Joe Tsai: Alibaba is fully investing in AI, with a comprehensive full-stack approach offering significant advantages

Yesterday, Alibaba Group Chairman Cai Chongxin outlined Alibaba’s full-stack AI development strategy at the VivaTech 2026 European Technology Summit in Europe. During a dialogue, Cai Chongxin said that AI’s total addressable market (TAM) should be benchmarked against human productivity itself. “AI is creating value units equivalent to human intelligence and human productivity. Looking globally, among more than 100 trillion dollars in GDP, at least half—50 trillion dollars—is related to human productivity and human intelligence. That is AI’s total addressable market. Therefore, Alibaba is making comprehensive investments in AI.”

Cai Chongxin emphasized that full-stack AI is Alibaba’s core strategy for the future. He further explained Alibaba’s advantages in full-stack AI. At the energy layer, Cai benefits from China’s efficient, low-cost energy supply; at the infrastructure and model layers, Alibaba had already laid the groundwork for cloud computing and chips years ago, and it has the world’s most popular open-source model, Qwen; at the application layer, Alibaba’s business ecosystem covers a wide range of scenarios such as e-commerce, instant retail, hospitality and travel, and maps, providing scalable deployment entry points for AI.

When discussing open source, Cai Chongxin said, “Currently, the main driving force behind global AI open source comes from Chinese companies. In the past few years, Alibaba’s team has made tremendous contributions to pushing the open sourcing of frontier models, and today we are still working tirelessly.” (Sina Finance)