Alibaba, one of the world’s largest companies, is making a 1.4 Billion investment into Artificial Intelligence for its new Smart Speaker. It will be called the Tmall Genie Smart Speaker X1. They are using the money to invest in Artificial Intelligence to boost their Tmall Genie line of devices so they can integrate and automate all their devices. However, this is not the first time we have heard about Alibaba making a push into full home automation. There were reports back in 2017 that Alibaba was in the process of making their own Smart Speaker to integrate into the Tmall Genie ecosystem. But, here we are in 2020 – Alibaba is creating its own AI ecosystem to complement its devices.
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The Tmall Genie devices are much like Amazon Alexa enabled products… which makes sense why Amazon was integrating Alexa into everything but the kitchen sink in the last year.
It’s clear that Alibaba has a market share of smart devices in China. They compete with Xiaomi and Baidu in the Chinese market, but I think they are ready to make a push outside their borders with Tmall Genie.
It will be interesting to see what happens next. Will they be able to compete with Amazon, Google, Samsung, Xiaomi, and Baidu.