Alibaba establishes Alibaba Token Hub, pre-market trading up nearly 3%

BlockBeats News, March 16th, Alibaba officially established the Alibaba Token Hub (ATH) business group, directly led by Alibaba CEO Jeff Zhang.

The Alibaba Token Hub includes the Tongyi Laboratory, MaaS business line, Qianwen Business Unit, Wukong Business Unit, and AI Innovation Business Unit, covering a complete layout from basic model research and development, model service platform, to personal and enterprise AI application. As of the time of writing, Alibaba's US stock has risen nearly 3% pre-market.