Alibaba reshuffles AI units into a new ‘Token Hub’ group, led by CEO Eddie Wu

AI Summary
Alibaba Group has reorganized its AI operations into a new business group called Alibaba Token Hub (ATH), effective immediately. CEO Eddie Wu will lead the ATH, which consolidates core AI teams and products including Tongyi Laboratory (developer of the Qwen models), the model-as-a-service business, the Qwen business unit, the Wukong unit focused on AI-embedded enterprise workflows, and the AI Innovation business unit. The ATH is structured around the concept of AI tokens, the fundamental unit of computation and output generated by AI models. The company states that the new structure aims to improve strategic coordination across its AI businesses as it pushes into the token economy. Alibaba, headquartered in Hangzhou, owns the South China Morning Post.
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