In June 2026, Joe Tsai, the Chairman of Alibaba Group, unveiled Alibaba's full-stack AI development strategy at VivaTech, a prominent European tech summit. He emphasized that the total addressable market (TAM) for AI should be evaluated in relation to human productivity. He pointed out that, with the global GDP surpassing $100 trillion, at least $50 trillion of that is linked to human productivity and intelligence, representing a vast and untapped market for AI. Consequently, Alibaba is fully embracing AI, making full-stack AI the cornerstone of its future strategy.

Joe Tsai elaborated on Alibaba's strengths in the full-stack AI arena. At the energy level, the company benefits from China's efficient and cost-effective energy supply. Regarding infrastructure and model development, Alibaba has been a long-time investor in cloud computing and chip technology, and it boasts the globally renowned open-source model, Qwen. At the application level, Alibaba's reach spans multiple sectors, including e-commerce, instant retail, travel, and mapping, offering numerous entry points for widespread AI deployment.

Furthermore, Joe Tsai highlighted that the primary impetus behind global AI open-source efforts currently stems from Chinese companies, with Alibaba's team playing a pivotal role in advancing the open-sourcing of cutting-edge models and remaining committed to this endeavor.