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Eddie Wu Yongming
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Eddie Wu Yongming

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Eddie Wu Yongming
Eddie Wu Yongming
The latest news on Eddie Wu Yongming, CEO of Alibaba Group, including China business and technology news.
Born
1975
Industry
Business
Job Title
CEO of Alibaba Group
Alibaba Cloud signage is pictured at the Alibaba office in Beijing on April 1, 2026. Photo: AFP
Artificial intelligence

Alibaba, Tencent signal AI spending surge despite earnings pressure

Alibaba is likely to ‘overshoot’ its original capex target of US$56 billion over three years, CEO Eddie Wu Yongming told analysts.

Alibaba

Alibaba shares surge 7% in Hong Kong as firm accelerates pivot to AI

Alibaba

Alibaba CEO signals capex boost as China tech giant forges full-stack AI path

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Artificial intelligence

Alibaba opens Qwen app to partners with China Eastern Airlines tie-up

Company pledges more partnerships to expand the agentic capabilities of its flagship consumer chatbot app.

A China Eastern Airlines flight takes off from Shanghai Hongqiao International Airport. Photo: Xinhua
Artificial intelligence

How the rise of AI agents could finally make China’s open-source models pay

Free models helped Chinese firms find rapid success – but thin margins are forcing a shift towards hybrid business strategies.

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Artificial intelligence

Alibaba cloud growth forecast to climb with AI push, higher charges: analysts

The company’s cloud and AI businesses are gaining speed, with token usage and pricing changes fuelling growth, analysts say.

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Alibaba

Alibaba sets up top tech committee led by CEO to sharpen AI push

Restructuring brings core AI teams under tighter leadership as competition in China’s model and agent space intensifies.

Alibaba CEO Eddie Wu Yongming says the changes are aimed at accelerating Alibaba’s AI push. Photo: Handout
Artificial intelligence

Preview of Alibaba’s top AI model leads Chinese peers, lags US rivals

Qwen3.5-Max-Preview enters a global ranking at 15th, behind models from Anthropic, OpenAI and Google.

Alibaba

Alibaba targets US$100b in annual cloud, AI revenue despite results miss

T-Head, mentioned for the first time in the company’s earnings, has shipped more than 470,000 AI chips as of February.

Artificial intelligence

Alibaba reshuffles AI units into a new ‘Token Hub’ group, led by CEO Eddie Wu

Intended to increase AI coordination, the group will sit alongside Alibaba Cloud and the company’s e-commerce divisions.

The Alibaba Token Hub Business Group brings all the company’s core AI teams and products together under one umbrella. Photo: Reuters
Alibaba

Alibaba task force, led by CEO Eddie Wu, will focus on AI model development

Wu affirmed in his letter that Alibaba would ‘uphold our open-source model strategy’ and scale up investment in AI.

Alibaba CEO Eddie Wu Yongming speaks at the opening of the company’s Apsara Conference in 2024. Photo: Weibo
Artificial intelligence

Jack Ma, Alibaba leaders call for education overhaul in the age of AI

Time spent memorising textbooks could be freed up to cultivate creativity and imagination, according to Ma, the founder of Alibaba.

Robotics

Germany’s Merz meets China’s tech vanguard, including Alibaba and Unitree CEOs

Hangzhou visit reflects Germany’s attempt to work further with the engines of China’s digital and robotics economy.

Artificial intelligence

China tech giants ByteDance and Alibaba to ramp up AI infrastructure efforts

The two firms’ actions are poised to further intensify the global AI arms race.

ByteDance CEO Liang Rubo wants to optimise efficiency across the firm’s AI infrastructure. Photo: Shutterstock
Artificial intelligence

Alibaba reaffirms open-source AI commitment as it hails successes

‘Building with the community’ is crucial to the success of the Qwen family of large language models, company says.

Leaning into the open-source approach has helped developers build AI applications faster and at lower cost, company says. Photo: Shutterstock
Artificial intelligence

Meta sees role reversal as it adopts Alibaba’s Qwen to train AI models

Throughout 2023 and 2024, Chinese firms keen to catch up with the US used Meta’s Llama to help them build their own models.

8
China Future Tech briefing

AI | China chases superintelligent AI without sci-fi movie risks

AI systems with human-level intelligence, or higher, offer the promise of solutions to humanity’s biggest challenges but the risk of humans losing control.

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Artificial intelligence

Alibaba names AI-lab leader Zhou Jingren as new group partner

He will join the 17-member Alibaba Partnership, which steers the company’s course and includes co-founders Jack Ma and Joe Tsai.

Alibaba’s Zhou Jingren speaks during a summit in Hong Kong on November 13, 2023. Photo: May Tse
Artificial intelligence

Alibaba creates new unit to push consumer use of its Qwen AI models

Significant organisational change underlines company’s determination to turn the Qwen chatbot into a ‘super app’.

Alibaba

Alibaba to lead AI capital spending among Chinese firms amid strong demand

The group’s intention to boost AI-related capital outlay reflects its aim to spearhead China’s efforts in the race for global AI leadership.

Alibaba

Alibaba posts 5% rise in quarterly revenue on AI, cloud momentum

‘We have entered into an investment phase to build long-term strategic value in AI technologies and infrastructure,’ CEO Eddie Wu Yongming says.

Hong Kong-listed shares of Alibaba gained 2.14 per cent to close at HK$157.80 ahead of its earnings release. Photo: Shutterstock
DeepSeek

China’s DeepSeek makes rare comment, calls for AI ‘whistle-blower’ on job losses

Remarks by CEO Liang Wenfeng’s delegate highlight potential dangers of race to build superintelligent systems.

6
Founders and top executives of companies collectively known as China’s “six little dragons” of AI attend the World Internet Conference in Wuzhen. Photo: Reuters
Alibaba

Alibaba doubles down on ‘super-scale’ computing infrastructure for AI sector

Alibaba’s ‘super AI cloud’ will have the required technology to meet the industry’s massive computing demand, CEO Eddie Wu Yongming says.

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E-commerce

Alibaba boosts instant commerce drive with US$281 million convenience store plan

A network of Taobao-branded partner convenience stores is expected to roll out in more than 200 cities across the mainland.

China’s private sector

A token of intent: Doubao’s data surge cements ByteDance’s AI ambitions

A surge in activity on ByteDance’s Doubao model shows how rapidly AI tools are entering daily life in China.

ByteDance’s Doubao doubles token use in six months as China’s AI boom gathers pace
Alibaba

US, China leaders will avoid ‘race to the bottom’: Alibaba’s Joe Tsai

Chairman of Chinese giant also says winning in the AI race is about attaining the largest model adoption.

Alibaba chairman Joe Tsai appears at a game of the NBA team he owns, the Brooklyn Nets, in Macau on October 10, 2025. Photo: AP Photo
US-China tech war

China’s lesson for the US: it takes more than chips to win the AI race

The AI war is increasingly waged among ‘hyperscalers’ – companies with full-stack capabilities across software, hardware and applications.

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Alibaba

Alibaba’s Qwen lab sets up robotics team, showcasing its AI ambitions

The announcement suggests the Chinese tech giant is accelerating its development in the field of AI-powered hardware.

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