Liu Weiguang, senior vice president of Alibaba Cloud Intelligence Group, pointed out that the beginning of 2026 will see another explosion of AI applications. “In the next few years, the AI budget of various companies will be 10 times the current IT market budget.” The explosion of apps came from rapid iteration of models. “The impact of AI is that in the past, the iteration cycle of technical standards was 5 to 10 years, but now it is 2 to 3 years. The big model is iterated on a weekly basis,” Liu Weiguang pointed out when summarizing the current use of AI by Chinese enterprises. Smart hardware, finance, education, logistics, recruitment, agriculture, animal husbandry, and manufacturing industries have all implemented AI applications to varying degrees.

Liu Weiguang, senior vice president of Alibaba Cloud Intelligence Group, pointed out that the beginning of 2026 will see another explosion of AI applications. “In the next few years, the AI budget of various companies will be 10 times the current IT market budget.” The explosion of apps came from rapid iteration of models. “The impact of AI is that in the past, the iteration cycle of technical standards was 5 to 10 years, but now it is 2 to 3 years. The big model is iterated on a weekly basis,” Liu Weiguang pointed out when summarizing the current use of AI by Chinese enterprises. Smart hardware, finance, education, logistics, recruitment, agriculture, animal husbandry, and manufacturing industries have all implemented AI applications to varying degrees.