[Alibaba Establishes Token Foundry Division, CEO Wu Yongming to Take Direct Charge] According to monitoring by Beating, on June 8, Alibaba announced a major organizational restructuring of its artificial intelligence business, officially merging the Tongyi Large Model Division with the Future Life Lab to establish the new Token Foundry Division. The Token Foundry Division will be directly overseen by the Group CEO Wu Yongming, marking a further consolidation of Alibaba's top-level management structure in the AI field. Zhou Jingren will assume the role of Alibaba's Chief Scientist, leading the establishment of the Alibaba AI Future Research Institute to explore cutting-edge AI technologies. Zheng Bo will lead related AI businesses and teams, including Happy Horse and Happy Oyster, which will be fully integrated into the Token Foundry Division. This adjustment represents another significant iteration in Alibaba's AI organizational structure since the establishment of the Alibaba Token Hub (ATH) business group in March 2026. The newly formed Token Foundry Division will integrate large model R&D, the MaaS platform, and generative AI applications such as Happy Horse and Happy Oyster. [Original Link]