IT Home reported on May 11 that according to the Science and Technology Innovation Board Daily, Alibaba Group Chairman Cai Chongxin said at the 510 Alibaba Day relatives and friends meeting that the company focuses on two core strategic directions "e-commerce, cloud + AI", and mentioned innovative businesses such as Xianyu, Quark, Gaode, DingTalk, 1688.

Cai Chongxin said that Alibaba should integrate AI into every business and every link. In the next three to five years, all businesses should be driven by AI . "E-commerce business does not occupy the entrance to the Internet, because e-commerce is a vertical category, and more other Internet companies occupy the entrance to users. But if we can focus on AI and can make breakthroughs in the entire entrance, maybe we can make new entrances in AI, so that we can add more users."

IT Home noticed that Cai Chongxin once said in a forum in March this year that e-commerce is the most competitive industry in the world and has almost no barriers to entry, because many companies can provide logistics, payment and other infrastructure, so new companies do not have to worry about these issues and can directly conduct e-commerce business.

Cai Chongxin said that the first thing he decided to do after working with Wu Yongming was to no longer regard Alibaba as a company composed of six different business departments, but focus on two core businesses, namely e-commerce and cloud computing , which simplifies all transactions and communication processes.

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[Editor in charge: Yang Ruiqi PT115]