Alibaba CEO highlights AI advancement at China's internet forum [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Yahoo! Finance
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. Do you have questions about the biggest topics and trends from around the world? Get the answers with SCMP Knowledge , our new platform of curated content with explainers, FAQs, analyses and infographics brought to you by our award-winning team. "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 mo
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