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Alibaba and Tencent Spend Billions on AI Agents to Reshape Shopping and Communication in China

GateNews

AI Agent AI Industry News

2026-05-18 07:32:13

According to South China Morning Post, Alibaba and Tencent are investing billions of dollars to develop AI agents as the next generation of online gateways in China. The companies are competing to replace traditional click-and-scroll interfaces with conversational AI that can understand user requests and complete tasks across shopping, work, and communication. Alibaba’s Qwen Task Assistant 1.0 guides users through end-to-end flows for shopping, travel, and food delivery within its ecosystem.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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