Alibaba’s Joe Tsai says open source is Europe’s only way to AI independence
Alibaba co-founder and chairman Joe Tsai says open-source AI is the only way for Europe to become independent in the technology. He spoke to founders and investors on Wednesday at Wave by Vento in Turin, in a session titled “The Other Side of the Story”.
“Open source is the opportunity for Europe… That’s the approach Europe can take to truly be independent. We talk about technology independence, we talk about AI sovereignty in Europe. I think the open source approach is the only way to go,” Tsai said.
James Anderson, managing partner and chief investment officer of Lingotto Innovation, led the interview. Exor owns Lingotto. Anderson spent more than three decades at Baillie Gifford, where he ran the Scottish Mortgage investment trust.
Alibaba’s two businesses
Tsai said Alibaba, founded in 1999, grew very big and lost focus over its first two decades. In 2023 it narrowed itself to two businesses:...
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