Alibaba CEO highlights AI advancement at China’s internet forum

By South China Morning Post | Created at 2024-11-21 00:04:45 | Updated at 2024-11-21 12:35:56 12 hours ago
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Alibaba Group Holding is advancing artificial intelligence (AI) technology in China to unleash productivity across various industries, chief executive Eddie Wu Yongming said on Wednesday at the country’s annual internet conference.

The e-commerce giant is committed to laying the infrastructural groundwork and supporting systems for AI development in the country, Wu told attendees at the World Internet Conference hosted by the Cyberspace Administration of China in the canal town of Wuzhen in eastern Zhejiang province.

“In the next three decades, AI will comprehensively enhance productivity across the globe,” he said, according to a statement from Alibaba, owner of the South China Morning Post.

“Artificial intelligence is gradually permeating various industries to drive a series of productivity revolutions,” Wu said, adding that the firm already offers open-source versions of its AI models for use by partners in traditional industries.

 Xinhua

This year’s World Internet Conference opened on Wednesday. Photo: Xinhua

The agenda at this year’s Wuzhen summit focuses heavily on artificial intelligence. It features panels on topics such as “responsible AI development and applications”, “AI innovation and governance” and “AI empowering new productive forces”. According to the published schedule, the conference will set up a special AI expert committee.

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