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Launch
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Alibaba's biggest problem is that it doesn't have a truly competitive homegrown leading AI model/product in its own track. LLMs have Doubao, videos have Seedance 2.0, open source has DeepSeek, overseas code includes Claude, Codex, and GPT. Domestically, there’s Zhipu, MINIMAX’s stock price is soaring. What does Alibaba have? A few open-source models, yes. I ask, how many people are actually using them, and what long-term benefits have they brought to Alibaba?
One person, one company, if there isn’t a market-leading product that can stand firm, it’s bound to struggle. Alibaba has already fallen behind.