Alibaba CEO Outlines AGI and ASI Vision Driving $28B Market Rally
Alibaba's CEO Eddie Wu detailed the company's AGI and ASI strategy at the Yunqi Conference, sparking a $28 billion market rally and outlining AI's future impact.
At the 10th anniversary of the Yunqi Conference, Alibaba CEO Eddie Wu delivered a landmark speech outlining the company's vision for Artificial General Intelligence (AGI) and Artificial Superintelligence (ASI), which ignited a $28 billion market rally.
The Dawn of the AI Revolution
Wu emphasized that the world is entering an AI-driven intelligent revolution, surpassing the Industrial and Information Revolutions. AGI will amplify human intelligence, while ASI will unlock unprecedented potential, solving global challenges like medical breakthroughs, sustainable energy, and interstellar travel.
Key AI Milestones:
- AI intelligence has advanced from high-school to PhD-level capabilities in just three years.
- Global AI investments exceeded $400 billion in the past year, with projections of $4 trillion over the next five years.
- AGI is inevitable, serving as a stepping stone to ASI, which will self-iterate and surpass human cognition.
Three Stages to ASI
- Emergence of Intelligence: AI learns from digitized human knowledge, achieving generalized reasoning. Current AI models are nearing top human performance in fields like mathematics.
- Autonomous Action: AI now assists humans by using tools, interacting with the physical world, and boosting productivity across industries like logistics, biomedicine, and finance.
- Self-Iteration: AI will access raw real-world data and achieve self-learning, enabling it to surpass human intelligence and drive exponential technological leaps.
Alibaba's AI Infrastructure
- Tongyi Qianwen: Open-sourced 300+ models, downloaded 600 million times globally.
- Bailian Platform & AgentBay: Supports model customization and agent development.
- AI Supercomputer: A $480 billion investment plan to build advanced AI infrastructure, anticipating a 10x increase in data center energy by 2032.
The Future of Human-AI Collaboration
With ASI, humans and AI will collaborate in new ways, with agents and robots working 24/7 across households, factories, and businesses. AI will become as fundamental as electricity, amplifying human intelligence.
Wu concluded by stating that AI will reconstruct infrastructure, software, and applications, becoming the core driver of the next intelligent revolution. Alibaba aims to lead this transformation through partnerships and deep industry integration.
Editor: Zhongxiaowen
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About the Author

Dr. Lisa Kim
AI Ethics Researcher
Leading expert in AI ethics and responsible AI development with 13 years of research experience. Former member of Microsoft AI Ethics Committee, now provides consulting for multiple international AI governance organizations. Regularly contributes AI ethics articles to top-tier journals like Nature and Science.