<p><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTEvMDE5MmY1NTctYjM5NC03ZTczLWJhZGEtZTZmYTJhMWJjYTQz.jpg"></p><p>The Chinese e-commerce giant has become the latest to slash resources for metaverse development as the focus shifts to AI. </p>