Alibaba Group has officially announced the formation of the Alibaba Token Hub (ATH) Business Group, with Group CEO Wu Yongming at the helm. This strategic move is designed to keep pace with emerging industry trends on the cusp of the AGI (Artificial General Intelligence) era, centering its core business around the 'creation, delivery, and application of Tokens.' The newly established business group leverages Alibaba's comprehensive AI infrastructure and encompasses multiple departments within the organization. Notably, the Wukong Business Division stands out as a B-end (Business-to-Business) AI-native work platform, with a clear mission to scale and broaden the reach of AI applications in the B-end market. Meanwhile, Tongyi Labs is committed to bolstering the capabilities of foundational AI models, and the MaaS (Model as a Service) business line is focused on constructing a robust model service ecosystem. Through this structural reorganization, Alibaba has not only enhanced strategic coordination among its various business units but also expedited the transformation of productivity tools through the integration of AI. This strategic pivot underscores Alibaba's evaluation of the commercialization trajectory for large-scale AI models and indicates that domestic tech behemoths are now entering a competitive phase centered on deepening scenario applications and ecological distribution.