Alibaba Group Holding’s international wholesale marketplace, Alibaba.com, expects all sellers on this virtual platform to adopt its artificial intelligence tools by the end of the current year.
The mentioned e-commerce giant is increasing its investments in machine intelligence. The company president Zhang Kuo, while talking to media representatives, stated that more than half of the approximately 200,000 merchants on Alibaba.com already use its artificial intelligence apps weekly.
Machine intelligence tools from the e-commerce giant were introduced in early 2024, they are designed to assist sellers in marketing, product management, customer acquisition, and risk control. It is worth noting that the launch of these functional solutions is part of the process of implementing Alibaba’s efforts aimed to expand in the area of cross-border e-commerce.
Zhang Kuo expects that by the end of the current year, the rate of adoption of artificial intelligence tools by sellers will reach 100%. It was noted that eventually, merchants will feel that these parts are easier to manage and machine intelligence agents provide better performance.
It is worth noting that Hangzhou-based Alibaba demonstrated a high level of interest in cloud computing and artificial intelligence after the company committed to invest at least 380 billion yuan ($52 billion) in enhancing its infrastructure related to these technologies over the next three years. This is the largest computing project funded by a single private business in China.
In a quarterly earnings call last month, Alibaba chief executive officer Eddie Wu Yongming stated that the group’s primary focus is to develop artificial general intelligence, which, by his definition, is the point when the technology would be able to achieve 80% of human capabilities. He expects AGI to reshape industries worldwide.
As we have reported earlier, Alibaba Demonstrates Growth.
