Alibaba Group forms Alibaba Token Hub unit, CEO Eddie Wu to lead AI push

Alibaba is reorganizing its AI efforts around a new Alibaba Token Hub led by CEO Eddie Wu.

The hub will coordinate token creation, distribution, and AI applications across internal teams.

Alibaba also introduced Wukong, a B2B AI workplace platform designed to fit enterprise workflows.

The shift suggests Alibaba is tightening its AI stack and pushing harder toward commercialization.