Alibaba 's cross-border e-commerce unit on Friday announced a new artificial intelligence subscription service aimed at boosting the division's revenue. Kuo Zhang, president of Alibaba.com, told CNBC the division is also looking to use stablecoin-like technology to facilitate global payments, in a move that underscores how major tech and banking players are adopting so-called "tokenisation" technology. This could include partnerships with its banking partners like JPMorgan, Zhang added. Alibaba has emerged as one of China's leading AI players with its Qwen models , which are being used across its businesses, including at Alibaba.com, its business-to-business arm. Alibaba.com, which brought in more than $3 billion of revenue in Alibaba's last fiscal year, allows businesses to source supplie

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