Wu Yongming: AI is a historic opportunity, shaping the second growth curve driven by technology cores.

On the evening of May 15, during the Alibaba financial analyst conference call, Alibaba Group CEO Wu Yongming shared two latest trends in the AI field: first, in medium and large enterprises, AI applications are starting to penetrate from internal systems to user-side scenarios; second, customers actively using AI products are expanding from medium and large enterprises to a large number of small and medium-sized enterprises. "In the fiscal year 2026, we will continue to focus on the core business growth of e-commerce and AI + cloud, looking towards the medium to long term, shaping the second growth curve driven by technology," Wu Yongming said.