By TOI Tech Desk
Publication Date: 2025-11-27 12:35:00
Alibaba CEO Eddie Wu has emphatically dismissed concerns about an artificial intelligence bubble, stating the company “doesn’t really see much of an issue in terms of a so-called AI bubble” and plans to invest “aggressively” despite warnings from Google’s Sundar Pichai about “elements of irrationality” in the booming sector.Wu told investors that Alibaba can’t keep pace with surging customer demand, and predicted AI resources will remain in short supply for the next three years. The Chinese tech giant’s confidence appears backed by concrete results: its Qwen app exceeded 10 million downloads within a week of launching.“We’re not even able to keep pace with the growth in customer demand,” Wu said, arguing that adoption is driven by real business needs across manufacturing and product development rather than speculation.
Google CEO warns no company will escape impact
Pichai cautioned that if an AI bubble bursts, no company would be immune, including Google itself. Drawing parallels…
