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In 50 Words: Alibaba’s new CEO to focus on AI, promote young leaders

Alibaba’s new CEO, Eddie Wu, outlined his plans to prioritize the needs of its users and implementation of AI, according to an internal letter.

Wu also outlined a focus on promoting younger employees – those born after 1985 – to top management positions to maintain a “startup mindset.” This comes amid Alibaba’s vast restructuring, with Wu set to serve as CEO of Alibaba’s cloud division concurrently.

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