🚀 Alibaba's Metaverse Magic Shrinks! 🚀

Looks like Alibaba is hitting the brakes on its metaverse dreams! The Chinese e-commerce giant is trimming down its metaverse division, Yuanjing, as it pivots towards the shiny new toy in tech town – AI! 🤖

- Dozens of employees have been let go as Alibaba sharpens its focus on efficiency.

- Despite the cutbacks, Yuanjing will still provide metaverse applications and services.

- This move mirrors a broader trend with tech giants like Tencent, ByteDance, and Baidu also shifting gears from metaverse to AI.

What do you think about this tech trend? Drop your thoughts below! 👇