The meeting has helped Alibaba's share price this year. And it appears to have also instilled new confidence in Alibaba to hire and invest.
"It gave us the confidence ... to put our earnings back into capex [capital expenditure] and investments and also hire people," Alibaba's Tsai said, referencing a more than $50 billion investment in AI infrastructure over the next three years that the company announced in February.
AI success
A large part of Alibaba's stock rally this year has been driven by the euphoria around DeepSeek and investors looking at tech giants in China to see what they're doing with AI technology.