Last Updated:April 2026— Enhanced with AI business impactanalysis Last Updated:April 2026— Enhanced with AI business impactanalysis Last Updated:April 2026 How AI Is Reshaping This Business Model Alibaba’s pivot toward AI infrastructure is reshaping the economics of every segment on its P&L. The Qwen model family, now one of the most-downloaded open-weight model families globally, has turned Alibaba Cloud into the default AI stack for domestic enterprises locked out of US hyperscalers. Taobao and Tmall merchants now use generative tools to produce listings, ad creative, and customer-service agents natively inside the platform, which compresses seller costs while increasing Alibaba’s take rate on ad and software fees. On the logistics side, Cainiao applies AI routing to shave delivery times in cross-border corridors, protecting the 15% international commerce line against Shein and Temu. The strategic bet is that AI collapses the historical gap between Alibaba’s low-margin commerce engine and its high-margin cloud business — each feeds the other with proprietary data anddistribution.