Alibaba Establishes Token Foundry Business Unit to Strengthen AI Operations
By
Dou Shicong
Summary
Alibaba Group has established a new Token Foundry Business Unit by merging its Tongyi Large Model BU with the Future Life Lab under Taobao and Tmall Group. This move continues Alibaba's restructuring of its AI operations, following the earlier creation of Alibaba Token Hub. Both units will report directly to CEO Eddie Wu, with Zheng Bo, chief scientist of Taobao and Tmall, leading AI efforts.
Source
bskyAlibaba Establishes Token Foundry Business Unit to Strengthen AI Operationsbuff.lyKey quotes
· 3 pulledToken Foundry was formed through the merger of Tongyi Large Model BU and the Future Life Lab under Alibaba's e-commerce unit Taobao and Tmall Group
The new division, just like Alibaba Token Hub, will be overseen directly by Chief Executive Eddie Wu
Zheng Bo, chief scientist of Taobao and Tmall, will bring AI
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