Alibaba International launches AI-powered conversational sourcing engine, anticipated to make its debut this September. This sourcing engine is set to revolutionize the global sourcing process for small and medium-sized enterprises (SMEs), making it more intuitive and highly efficient.
Leveraging the latest advancements in AI technology, Alibaba International’s new sourcing engine is laser-focused on B2B e-commerce. It synthesizes vast quantities of information, interprets sourcing needs using natural language processing, matches buyers with products and suppliers with unprecedented accuracy and provides advanced tools for seamless sourcing decision-making.
Kuo Zhang, president of Alibaba.com, shared in media interviews in Paris during the Olympics: “Traditional search engines evaluate web page importance through interlinking, credibility and ad spend. In this AI era, the B2B sourcing engine offers an intuitive and organic way to query, as well as rapidly and accurately match business buyers and business sellers based on their proven track record.”
Key Takeaways:
- The conversational sourcing engine has been fine-tuned using over one billion product listings and industry-specific knowledge compiled from Alibaba platforms and beyond.
- This solution tackles the inefficiencies of conventional search methodologies which are often time-consuming, manually intensive, and involve laborious data categorization processes merely to locate suitable business partners and products.
