Alibaba is set to invest aggressively in AI, with a focus on achieving artificial general intelligence, as CEO Eddie Wu announced plans to surpass decade-long AI investments within the next three years. The company’s Q4 results showcased an 8% revenue increase driven by e-commerce growth and cloud intelligence success, with highlights including a surge in customer management revenue, adoption of AI-powered marketing tools, and significant growth in the 88VIP program. Despite divesting from physical retail ventures, Alibaba’s e-commerce platforms saw strong growth, with the company betting big on AI with a strategic focus on generative AI and cloud infrastructure investments.
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Women to Watch 2024: Lulu Raghavan, Landor | Analysis
Lulu Raghavan, President of APACLandorIndia, has risen through the ranks at Landor over 23 years to become the first female and first person of Indian origin in her role. Under her leadership, the India operations have seen double-digit growth in revenue and profit, with Landor being among the top-three highest-performing companies at WPP India in 2023. Raghavan's focus on building a strong regional leadership team and promoting diversity and inclusion has resulted in employee engagement...
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