BABA(US:BABA) Sou Hu Cai Jing·2026-01-19 09:46Group 1 - Alibaba's CEO, Wu Yongming, highlighted the company's enhanced development momentum in 2023, emphasizing the successful integration of AI into its business operations and the solid performance in the consumer sector [2] - The letter from Wu focused on specific achievements such as the success of Taobao Flash Sale, the development of a comprehensive consumer service system, and the rapid adoption of the Qianwen App, showcasing Alibaba's practical results in the AI era [2] - Alibaba's AI and cloud computing business has shown significant growth, with AI-related product revenue maintaining triple-digit year-on-year growth for seven consecutive quarters [2] Group 2 - The global AI industry is transforming various sectors, becoming a core force in reshaping industrial structures and human lifestyles, with applications in healthcare, smart manufacturing, and intelligent transportation [3] - China's AI industry is rapidly developing, with the core industry scale growing by 13.9% year-on-year in 2023, approaching 600 billion yuan [3] - Chinese AI developers, including Alibaba, have made significant advancements, with their AI models performing comparably to those from the US in major benchmarks [5]