
The Great Pivot: Alibaba’s Multi-Billion Dollar Bet on the AI ‘Manufacturing’ Model
Alibaba is undergoing a structural shift from a digital marketplace to a heavy-asset 'AI manufacturing' model, committing over 380 billion RMB to build massive training and inference 'factories.' Despite significant cash flow pressure, the company is betting that first-mover advantages in physical AI infrastructure and self-developed silicon will secure long-term dominance in the intelligence economy.


















