Alibaba's Cai Chongxin: Open Source AI Will Benefit Small and Medium Enterprises

Alibaba (09988) Group Chairman Jack Ma attended a forum held in Singapore this morning and shared his views on AI open source. He stated that the so-called "DeepSeek Moment" is not about whether China has better artificial intelligence than the United States, or whether American technology is superior. It's about the power of open source, once you release the source code, people can deploy models to their own infrastructure or devices, whether it's a data center or a personal computer. People suddenly have the power of artificial intelligence at their fingertips. Jack Ma said that opening the source code will also promote the development of more models. AI is not the exclusive game of big companies, small and medium-sized enterprises will benefit from open source, and the future application prosperity will be the result of today's open source. So far, the number of derived models of Alibaba's Qwen has exceeded 100,000, making it one of the largest AI open source model families in the world. After the forum, Alibaba announced that it will invest over $50 billion (380 billion RMB) in cloud computing infrastructure and AI hardware over the next three years. The decision is to reinvest income in AI and cloud computing infrastructure construction.