Alibaba Token Hub to consolidate, boost Group’s AI strategy

Alibaba Group has launched the Alibaba Token Hub (ATH), an AI-focused business division led by CEO Eddie Wu, consolidating key AI assets like Tongyi Laboratory and Qwen. This strategic shift separates AI operations from its cloud division, signaling a move towards a token-based monetization model for AI agents and digital assistants, with the recent launch of the Wukong platform.