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

Mar 16, 2026

Alibaba Group Holding has reshuffled its artificial intelligence operations, creating a new top level business group and placing CEO Eddie Wu Yongming in charge as the AI and e-commerce powerhouse accelerates its push into the emerging token economy. The company said on Monday it had established the Alibaba Token Hub (ATH) Business Group, which brings all its core AI teams and products together under one umbrella. This includes Tongyi Laboratory – the developer of Alibaba’s Qwen series of...

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