Tsai Chung hsin admits Alibaba's past mistakes: After DeepSeek breakthrough, engineers were asked to catch up with AI non-stop during the Spring Festival

After DeepSeek's low-cost and powerful artificial intelligence model launched in January shocked the global technology industry, engineers at Alibaba Group canceled their holidays and continued working during the Spring Festival holiday to catch up. On June 11th, Alibaba Chairman Joseph Tsai stated at the VivaTech conference in Paris that when he returned to his leadership position in mid-2023, he acknowledged Alibaba's past mistakes, stating that the group had lost direction and had expanded too much. At present, the group is committed to re establishing its leadership position in the Chinese technology field, with AI and cloud infrastructure as its strategic key pillars. Alibaba only realized that it had fallen behind in the AI field after DeepSeek released its R1 model.