Alibaba’s Strategic Shift: Autonomous Taxis and Delivery Overhaul Signal New Direction

Alibaba Group is making substantial moves to redefine its future, embarking on two significant strategic initiatives: a formal entry into the autonomous taxi sector and a comprehensive rebranding of its food delivery service. These developments emerge just days before the company’s keenly anticipated quarterly earnings report scheduled for November 13, raising questions about whether AI-driven taxis and a transformed delivery network can effectively reignite growth.

Underpinning these ambitious ventures is Alibaba’s advanced AI model, Qwen3-Max, which recently demonstrated its capability in a cryptocurrency trading experiment. The model achieved a 22.32% return over a two-week period, outperforming competing technologies from industry leaders like OpenAI and Google. This technological prowess Read more...