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Alibaba’s Joe Tsai praises DeepSeek’s AI innovations

Joe Tsai, Alibaba’s co-founder and chairman, discussed AI advancements at the World Government Summit in Dubai, emphasizing open-source solutions.

He highlighted DeepSeek, a Hangzhou-based company that lowers costs for training and operating large language models, making AI more accessible.

Tsai compared AI development to education, warning that relying solely on expensive proprietary models could limit broader adoption.

Alibaba and DeepSeek provide open-source AI models, though Alibaba retains its most advanced models as proprietary.

Recent Alibaba developments

Timeline
12-Feb-2025 🤖 Alibaba shares soar 7% on AI collaboration with Apple
  • Alibaba shares rise 7% on Apple AI partnership.
  • AI features submitted for regulatory approval.
11-Feb-2025 🚀 Alibaba’s food delivery branch names new CEO
  • Wu Zeming appointed CEO of Ele.me
  • Han Liu shifts to lead Instant Logistics Center
10-Feb-2025 🚫 Alibaba dismisses $1b DeepSeek investment rumors
  • Alibaba denies $1B investment in DeepSeek.
  • US stock briefly rose nearly 7% on rumors.
07-Feb-2025 🤖 Alibaba appoints AI expert Steven Hoi as VP
  • Steven Hoi appointed VP for Alibaba’s AI team.
  • Focus on consumer AI products like chatbot and search.
04-Feb-2025 🧠 Alibaba Cloud integrates DeepSeek’s open-source AI models
  • Alibaba Cloud integrates DeepSeek’s AI models.
  • Users can deploy models without coding skills.

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