Cai Chongxin: The ultimate goal of AI development is to promote widespread application, with China aiming for an application penetration rate of over 90% by 2030.

Gate News Report, March 22 — Alibaba Group Chairman Cai Chongxin stated that the vast potential of AI in China lies in its application layer. The ultimate goal of developing AI is not just to create cutting-edge models but to promote AI adoption and benefit society. The State Council of China released opinions on August 2025 regarding the deep implementation of the “Artificial Intelligence+” initiative, proposing that by 2030, China’s AI will fully empower high-quality development, with the adoption rate of new intelligent terminals, intelligent agents, and other applications exceeding 90%. Intelligent economy will become an important growth engine for China’s economic development, driving technological inclusiveness and shared成果. Cai Chongxin pointed out that over the past year, Alibaba has made a fundamental judgment: the widespread application of AI across various scenarios will generate enormous market opportunities. Alibaba’s only direction is continuous innovation.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Ethereum ETFs Shed $184M Over 4-Day Losing Streak

Ethereum exchange-traded funds posted $184 million in outflows over four consecutive days through April 30, according to market data, as geopolitical uncertainty offset gains in U.S. equities. The outflows extended a losing streak that began earlier in the week, with the largest single-day exit

CryptoFrontier2h ago

Iran Responds to the US Peace Draft: Oil Prices Drop Nearly 2%, a Turning Point in the War Emerges

Axios: Iran, via Pakistan, mediated and formally responded to the revised U.S.-side draft peace agreement; the oil market quickly weakened, with New York futures crude oil falling nearly 2% to $103.27 and Brent around $110.23. This comes as the War Powers Resolution’s 60-day deadline expires, echoing Trump’s claim that the war is already over. The key focus afterward will be Iran’s response, the threshold for congressional approval, and Trump’s position; if tensions cool, a pullback in oil prices could affect inflation expectations and the U.S. Federal Reserve’s policy.

ChainNewsAbmedia3h ago

Brent Crude and Spot Silver Surge 4% Intraday as U.S. Dollar Weakens

According to ChainCatcher, intraday on May 1, Brent crude rose approximately 4% to around $108 per barrel as the U.S. Dollar Index (DXY) weakened 0.35%. Meanwhile, spot silver surged 4% to $76.67 per ounce, according to Gate's market

GateNews3h ago

Iran's Rial Hits Record Low of 1,800,000 Per Dollar on April 29 Amid U.S. Sanctions

According to U.S. Treasury Secretary Scott Bessent, Iran's rial hit a record low of 1,800,000 per U.S. dollar on April 29, 2026, reflecting intensified economic pressure from U.S. sanctions. The currency has depreciated significantly since early 2025, when it traded near 800,000 per dollar. Bessent

GateNews4h ago

Nasdaq 100 Index Futures Turn Positive, Erasing Earlier Losses

According to Gate's market data, Nasdaq 100 index futures turned positive today, erasing earlier losses.

GateNews5h ago

TradFi Fall Alert: USDJPY (USD/JPY) Falls Over 2.5%

Gate News: According to the latest Gate TradFi data, USDJPY (USD/JPY) has dropped by 2.5% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

GateNews23h ago
Comment
0/400
No comments