Yongming Wu

CEO, Head of Core E-Commerce Business & Director, Alibaba Group

Search every verified Yongming Wu interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. At the 2025 Yunqi Conference, Alibaba CEO Wu Yongming described the current period as the beginning of an "intelligent revolution" driven by artificial intelligence. He stated that global AI investment in the past year exceeded $400 billion and predicted cumulative investment would surpass $4 trillion over the next five years. Wu announced that Alibaba is actively promoting 380 billion yuan in AI infrastructure and plans to increase investment. He said the company's Tongyi Qianwen model has open-sourced over 300 models, with more than 600 million downloads and over 170 derivative models, and described its goal as building "an Android system in the AI era." Wu outlined three stages of AI development, including self-learning models that could upgrade their own architecture. He said that in the future, most AI capabilities will be delivered as tokens on cloud computing networks, which he called "the electricity of the future." Wu predicted the world may have only five to six super cloud computing platforms and that AI will replace energy as the most important commodity. He stated that the goal of AGI is to free humans from 80% of daily work, and that ASI will be a system that fully surpasses human intelligence.