Alibaba Introduces Revolutionary AI Sourcing Engine for SMEs

Date:

Alibaba International has unveiled the world’s first AI-powered conversational sourcing engine aimed at revolutionizing the global sourcing process for small and medium-sized enterprises (SMEs). The innovative engine, set to launch in September, utilizes advanced AI technology to streamline B2B e-commerce and provide a more efficient sourcing experience for businesses.

The new sourcing engine has been meticulously developed using over one billion product listings and industry-specific knowledge gathered from various platforms, including Alibaba. Unlike traditional search methods that can be time-consuming and manual, this AI-powered solution simplifies the process by interpreting sourcing needs using natural language processing, matching buyers with suitable products and suppliers accurately, and offering tools for seamless decision-making.

President of Alibaba.com, Kuo Zhang, highlighted the engine’s focus on intuitive and organic querying, enabling rapid and precise matching of buyers and sellers based on their track records. This marks a significant shift from traditional search engines, which rely on ranking and indexing.

Key features of the AI-powered conversational sourcing engine include its intuitive, predictive, and conversational interface, allowing users to input complex queries or complete documents in natural language. Moreover, the engine reconstructs information to enable direct comparisons between suppliers and products, enhancing the user experience in global trade.

Alibaba International’s commitment to AI innovation extends beyond the sourcing engine, with the recent introduction of the Aidge AI toolkit benefiting approximately 500,000 merchants. The toolkit has significantly improved content quality, click-through rates, and customer satisfaction across various e-commerce scenarios. With a dedicated team of 100 AI experts, Alibaba International continues to drive advancements in AI technology to support the global digital trade landscape.

See also  10 Considerations for Adopting AI Technology in the Operating Room

For more information on Alibaba International Digital Commerce Group and its AI-powered solutions, visit www.aidc-ai.com.

Frequently Asked Questions (FAQs) Related to the Above News

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

Share post:

Subscribe

Popular

More like this
Related

Obama’s Techno-Optimism Shifts as Democrats Navigate Changing Tech Landscape

Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?

Tech Evolution: From Obama’s Optimism to Harris’s Vision

Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?

Tonix Pharmaceuticals TNXP Shares Fall 14.61% After Q2 Earnings Report

Tonix Pharmaceuticals TNXP shares decline 14.61% post-Q2 earnings report. Evaluate investment strategy based on company updates and market dynamics.

The Future of Good Jobs: Why College Degrees are Essential through 2031

Discover the future of good jobs through 2031 and why college degrees are essential. Learn more about job projections and AI's influence.