Alibaba Chairman and CEO Letter to Shareholders: The AI Agent Era and Full-Stack AI Commercializati…
In a letter to shareholders, Alibaba Chairman Joe Tsai and CEO Eddie Wu said the company stands at a critical inflection point in AGI development, with AI agents becoming the primary interface between humans and the digital world. Cloud Intelligence Group's external revenue growth accelerated to 40% in the final quarter of fiscal 2026, with AI-related products contributing 30%. The company launched the Qwen app and Wukong, an AI-native agentic platform for enterprises, and named quick commerce a core strategic pillar for Taobao and Tmall.