[Joe Tsai and Wu Yongming's Letter to Shareholders: Striving to Make AI+Cloud Another Growth Driver for Alibaba] According to a report by Jinse Finance, on May 20, Alibaba Group Chairman Joe Tsai and CEO Wu Yongming jointly issued a letter to shareholders. The letter stated that Alibaba's AI business has moved beyond the initial investment phase and officially entered the commercialization return cycle. 'With our accumulated talent, technology, and resources, we are full of confidence in seizing the opportunities of the era and are striving to make AI+Cloud another growth driver for Alibaba. To achieve this vision, we are increasing our investment in full-stack AI capabilities: we will continue to enhance investments in AI infrastructure and self-developed chips; at the model and application level, we will invest in building stronger foundational model capabilities to attract more applications to integrate, while also creating more powerful MaaS products to more efficiently connect models with applications.'