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BABA-W, MIDEA GROUP Form Strategic Partnership on 'Whole-Home Smart' Solutions
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BABA-W (09988.HK) and MIDEA GROUP (00300.HK) announced a strategic partnership to jointly explore the next-generation business model of "Whole-Home Smart + AI Large Model + Commercial Ecosystem", aiming to enhance user experience and create new commercial value. Pursuant to the agreement, BABA-W will leverage the capabilities of its Qwen large model to jointly develop an AI brain for home scenarios with MIDEA GROUP, enhancing omni-modal perception and upgrading whole-home smart solutions toward an "intent-driven space" model. The parties also plan to integrate services such as Quick Commerce, local services and smart mobility, exploring an integrated "home appliances + services" experience. BABA-W stated that in the smart home segment, MIDEA GROUP has established the first AI agent implemented in the home appliance industry. Going forward, the two sides will conduct joint innovation around high-performance computing on computing platforms. Alibaba Cloud will leverage its chip capabilities, computing power supply chain and scheduling capabilities to provide stable computing support for the training and optimization of MIDEA GROUP's whole-home smart AI brain, embodied intelligence and industry vertical models, and will support MIDEA GROUP in accessing advanced model capabilities through AI Tokens collaboration. Auto-translated by AI This article was automatically translated by AI, the original language version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. More Details
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