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Alibaba Unveils Token Hub to Boost AI Competitiveness

3/17/2026

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Story summary
  • Alibaba Group has launched the Alibaba Token Hub (ATH), a new division led by CEO Eddie Wu.
  • The restructuring consolidates Tongyi Laboratory and the Qwen business unit under one umbrella.
  • ATH aims to create, distribute, and apply tokens, the fundamental units of AI computation.
  • The unit will target enterprise AI applications and improve strategic coordination amid rising Chinese AI competition.