Alibaba CEO Dismisses AI Bubble Fears for Three Years

Alibaba’s CEO, Eddie Wu, has firmly dismissed concerns of an AI bubble within the next three years. This statement comes from his recent earnings calls and developer conferences, where he highlighted strong infrastructure demand and healthy returns on investments in AI. 📈 Wu believes customer demand and paid usage are driving expansion, rather than speculative bubbles. 💰 He attributes this bullish outlook to a growing industry with robust AI infrastructure needs, fueled by expanding DeFi applications and increased institutional investment.