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Eddie Wu is the current CEO of Alibaba Group, having replaced Daniel Zhang in that position on 10 September 2023. Wu was one of Alibaba's 19 co-founders. ^[1]

Career

On 10 September 2023, Wu replaced Daniel Zhang as the CEO of Alibaba Group. ^[1] It was also announced that Wu would lead the cloud business of Alibaba Group. ^[2]

Wu has focused to orient Alibaba Group towards developing artificial intelligence. In the first 15 months of his tenure, Wu spent CN¥81 billion on capital expenditure, up from the CN¥34 billion in the previous months. The company also funded startups including Moonshot AI, MiniMax and Zhipu AI. ^[2]

References

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