[Alibaba Upgrades Large Model Organizational Structure, Establishes Token Foundry Division] On June 8, Alibaba announced the merger of the Tongyi Large Model Division and the Future Life Lab to establish the Token Foundry Division, directly overseen by Group CEO Wu Yongming. It is understood that this adjustment involves a range of AI-related businesses. Zhou Jingren will serve as Alibaba's Chief Scientist and lead the establishment of the Alibaba AI Future Research Institute, focusing on the exploration and breakthroughs in cutting-edge AI technologies. Zheng Bo will lead Happy Horse, Happy Oyster, and other teams to join the Token Foundry Division. (People's Financial News)