{"id":267832,"date":"2026-06-08T19:02:00","date_gmt":"2026-06-08T23:02:00","guid":{"rendered":"https:\/\/news-you-need.com\/index.php\/2026\/06\/08\/alibaba-ceo-takes-direct-control-of-new-ai-business-unit\/"},"modified":"2026-06-08T19:10:10","modified_gmt":"2026-06-08T23:10:10","slug":"alibaba-ceo-takes-direct-control-of-new-ai-business-unit","status":"publish","type":"post","link":"https:\/\/news-you-need.com\/index.php\/2026\/06\/08\/alibaba-ceo-takes-direct-control-of-new-ai-business-unit\/","title":{"rendered":"Alibaba CEO Takes Direct Control of New AI Business Unit"},"content":{"rendered":"

Alibaba CEO Takes Direct Control of New AI Business Unit<\/a><\/p>\n

https:\/\/www.pymnts.com\/artificial-intelligence-2\/2026\/alibaba-ceo-takes-direct-control-of-new-ai-business-unit\/<\/a><\/p>\n

Publish Date: 2026-06-08 19:02:00<\/a><\/p>\n

Source Domain: www.pymnts.com<\/a><\/p>\n

Alibaba Group has formed a new business unit called Token Foundry as part of the company\u2019s reorganization plan to strengthen its artificial intelligence (AI) efforts, Seeking Alpha reported\u00a0Monday (June 8).<\/p>\n

Token Foundry will bring together Alibaba\u2019s Tongyi Lab and Future Life business units; will operate under the company\u2019s recently established Alibaba Token Hub; and will be led directly by Alibaba CEO\u00a0Eddie Wu, according to the report.<\/p>\n

Alibaba Group did not immediately reply to PYMNTS\u2019 request for comment.<\/p>\n

The business group under which Token Foundry will operate, Alibaba Token Hub, is focused on the creation, delivery and application of AI tokens, as well as oversight of Alibaba\u2019s model-as-a-service offering, the Qwen application, and enterprise AI products, the report said.<\/p>\n

Alibaba also established an AI Future Research Institute,\u00a0per\u00a0the report.<\/p>\n

Wu said during a May earnings call that AI accounts for a growing share of Alibaba Group\u2019s revenue and that the technology will deliver a return on the substantial investment the company is making in\u00a0AI infrastructure.<\/p>\n

Advertisement: Scroll to Continue<\/p>\n

AI-related product revenue now accounts for 30% of the revenue of Alibaba\u2019s Cloud Intelligence Group, and it will account for more than 50% in about a year, Wu said.<\/p>\n

\u201cWe are at a pivotal inflection point in the evolution from conversational chatbots to autonomous AI agents, which is directly driving explosive growth across three core workload categories: training, inference and agent orchestration,\u201d Wu said. \u201cAgainst this backdrop, Alibaba\u2019s AI has moved beyond the initial investment phase and progressed commercialization at scale.\u201d<\/p>\n

Alibaba announced its establishment of Alibaba Token Hub (ATH) in March, saying this\u00a0business unit\u00a0would include Tongyi Laboratory, which builds multimodal foundation models; MaaS Business Line, which builds technical infrastructure for AI; Qwen Business Unit, which builds a personal AI assistant; AI…<\/p>\n

Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Alibaba CEO Takes Direct Control of New AI Business Unit https:\/\/www.pymnts.com\/artificial-intelligence-2\/2026\/alibaba-ceo-takes-direct-control-of-new-ai-business-unit\/ Publish Date: 2026-06-08 19:02:00…<\/p>\n","protected":false},"author":1,"featured_media":267833,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.pymnts.com\/wp-content\/uploads\/2025\/08\/Alibaba.jpg","fifu_image_alt":"","footnotes":""},"categories":[14],"tags":[183],"class_list":["post-267832","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-artificial-intelligence","tag-qwen"],"_links":{"self":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/267832"}],"collection":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/comments?post=267832"}],"version-history":[{"count":1,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/267832\/revisions"}],"predecessor-version":[{"id":267834,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/posts\/267832\/revisions\/267834"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media\/267833"}],"wp:attachment":[{"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/media?parent=267832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/categories?post=267832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news-you-need.com\/index.php\/wp-json\/wp\/v2\/tags?post=267832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}