用户在通义App可免费体验通义万相2.5强大视频模型能力。在主对话界面输入生成视频指令后，通义 App会自动调用该模型为用户生成长达10秒的高清视频。用户可每天免费生成最多15次，并支持导出无 水印视频。 自今年2月以来，通义万相已连续开源文生视频、图生视频、首尾帧生视频和全能编辑等多款模型，相 关功能均可在通义APP直接体验。 （文章来源：新华财经） 新华财经北京9月24日电阿里24日在云栖大会上发布通义万相Wan2.5 preview系列模型，通义App第一时 间接入视频生成模型。用户在通义App主对话界面输入生成视频指令，即可免费体验通义万相2.5强大模 型能力。 据了解，通义万相2.5视频生成模型能生成和画面匹配的人声、音效和音乐BGM，首次实现音画同步的 视频生成能力，视频时长从5S提升至10S；支持24帧每秒的1080P高清输出，画面质量能够满足电影级 场景的创作需求。同时模型指令遵循能力进一步提升，可在视频生成中完成运镜等复杂连续变化的控 制。 ...

Core Insights - Alibaba announced a collaboration with NVIDIA for Physical AI, covering various aspects such as data synthesis, model training, environmental simulation reinforcement learning, and model validation testing [2] - Alibaba's stock surged over 9% on September 24, reaching its highest level since October 2021 [2] - The launch of the new AI creation platform "ZaoDian" integrates AI-generated images and videos, marking a significant advancement in Alibaba's AI capabilities [2] Company Developments - Alibaba's CEO, Wu Yongming, emphasized the evolution of human-AI collaboration, predicting that every household, factory, and company will have numerous agents and robots working 24/7 [3] - Wu stated that by 2032, the energy consumption of Alibaba Cloud's global data centers will increase tenfold compared to 2022, indicating a significant escalation in computational power investment [5] - The path to Super AI (ASI) is divided into three stages: emergence of intelligence, autonomous action, and self-iteration, with the ultimate goal of developing ASI to tackle major scientific challenges [5] Product Launches - The "Guard" safety model was released, featuring generative and streaming versions for near real-time safety assessments [7] - The "Qianwen Travel Planner" was introduced, capable of generating detailed travel plans based on user inputs, including budget and preferences [7] - A simultaneous interpretation API, "qwen3-livetranslate," supports multiple languages and visual understanding, enhancing cross-border e-commerce communication [8] - The upgraded programming model API, "Qwen3-Coder," excels in programming capabilities and agent features, surpassing traditional code completion tools [8] - The "Qwen3-VL" visual-language model was launched, with its flagship model outperforming competitors in key visual tasks [9] - The flagship model "Qwen3-Max" was introduced, boasting 1 trillion parameters and significant enhancements in coding and agent capabilities, ranking among the top models globally [9]

Market Performance - A-shares continued to strengthen on September 24, with the ChiNext Index rising by 2.28%, the Shanghai Composite Index by 0.83%, and the Shenzhen Component Index by 1.80% [2][3] - Nearly 4,457 stocks in the market saw an increase, with significant gains in sectors such as storage chips, photolithography machines, and energy metals [2][3] Alibaba's AI Developments - Alibaba's stock surged nearly 8% on September 24, reaching HKD 173.5 per share, marking a new high since October 2021, with a total market capitalization of HKD 3.3 trillion [5] - At the 2025 Cloud Habitat Conference, Alibaba announced a major upgrade to its AI infrastructure, aiming to become a full-stack AI service provider [5][6] - The flagship model Qwen3-Max was introduced, outperforming competitors like GPT-5 and Claude Opus 4, with a pre-training data volume of 36 trillion tokens and over one trillion parameters [6] Investment and Market Impact - International capital has recognized Alibaba's advancements in AI, with notable investor Cathie Wood purchasing approximately USD 1.63 million worth of Alibaba shares [7] - The AI developments at Alibaba have positively influenced the A-share semiconductor equipment sector, with stocks like Changchuan Technology and Jingyi Equipment seeing significant gains [7] - Analysts suggest that Alibaba's "cloud + AI" strategy will serve as a second growth curve, enhancing its competitive edge and potentially increasing the revenue share from AI-related businesses [7][8] Industry Outlook - Citic Securities remains optimistic about Alibaba's full-stack AI layout and the investment trends among domestic internet giants, highlighting the importance of AI applications in various sectors [8]

Group 1 - Alibaba Cloud and NVIDIA have reached a collaboration in the field of Physical AI, integrating NVIDIA's full suite of Physical AI software stack with Alibaba Cloud's AI platform PAI [2] - The collaboration aims to provide enterprises with a comprehensive platform service that includes data preprocessing, simulation data generation, model training evaluation, robot reinforcement learning, and simulation testing, thereby shortening the development cycle for applications like embodied intelligence and assisted driving [2] - Following the announcement, Alibaba's stock surged over 8%, reaching a latest price of 173 HKD per share, with an intraday high of 174.6 HKD [2][3] Group 2 - The stock opened at 173 HKD, with a maximum of 174.6 HKD and a minimum of 157.6 HKD during the trading session [3] - The trading volume was 2.19 million shares, with a total market value of 368.35 billion HKD, reflecting an increase of 8.53% [3] - The company's market capitalization stands at 3.3 trillion HKD, with a price-to-earnings ratio of 20.77 [3]

Core Viewpoint - Alibaba Group's CEO, Wu Yongming, emphasizes the inevitability of achieving Artificial General Intelligence (AGI) and aims for the ultimate goal of developing Artificial Superintelligence (ASI) [1] Group 1: AI Development Strategy - Alibaba Cloud aims to implement its AI strategy through two main pathways: first, by establishing "Tongyi Qianwen" as an open-source initiative to create the "Android of the AI era" [1] - The second pathway involves building a "next-generation computer" through a super AI cloud to provide a global intelligent computing power network [1]

Core Insights - Alibaba officially announced a collaboration with NVIDIA for Physical AI, covering various aspects such as data synthesis, model training, environmental simulation reinforcement learning, and model validation testing [1] - Alibaba's stock surged over 9% on September 24, reaching its highest level since October 2021 [1] Group 1: AI Developments - Alibaba's Quark launched a new AI creation platform called "ZaoDian," integrating AI-generated images and videos, and connecting to the Wan2.5 model [3] - The Qwen3-Max model was introduced, outperforming GPT-5-Chat in the LMArena text ranking, showcasing advancements in coding and agent capabilities [3] - CEO Wu Yongming emphasized the evolution of human-AI collaboration, predicting that AI will significantly enhance human intelligence and capabilities [3][5] Group 2: Future Projections - Wu stated that by 2032, the energy consumption of Alibaba Cloud's global data centers will increase tenfold compared to 2022, indicating a substantial rise in computational investment [5] - The path to Super AI (ASI) is divided into three stages: emergence of intelligence, autonomous action, and self-iteration, with the ultimate goal of surpassing human capabilities [5] - Wu projected that there may be more agents and robots than the global population, working alongside humans and impacting the real world significantly [5] Group 3: New Product Releases - The first new product released was the open-source security model "Guard," which includes generative and streaming versions for real-time safety assessments [6] - The "Qianwen Travel Planner" was introduced, capable of generating detailed travel plans based on user inputs, including budget and preferences [7] - A simultaneous interpretation API, "qwen3-livetranslate," was launched, facilitating seamless communication across languages, particularly beneficial for cross-border e-commerce [7] - The Qwen3-Coder API was upgraded, enhancing its programming capabilities and agent features, surpassing traditional code completion tools [8] - The Qwen3-VL model was released as the most powerful visual-language model to date, with significant advancements in visual tasks [8] - The flagship model Qwen3-Max was launched, featuring 1 trillion parameters and improvements in understanding and instruction adherence [8]

据新华财经， 在2025阿里云栖大会上，阿里巴巴正式宣布与英伟达开展Physical AI合作。合作覆盖 了Physical AI的实践的各个方面，包括数据的合成处理，模型的训练，环境仿真强化学习以及模型验 证测试等。 ...

Core Viewpoint - Alibaba's CEO, Wu Yongming, asserts that achieving Artificial General Intelligence (AGI) is a certainty, marking the beginning of a journey towards developing Super Artificial Intelligence (ASI) that can self-iterate and surpass human capabilities [2] Group 1: Stages of AI Development - Wu outlines a three-stage evolution towards ASI: 1. "Intelligent Emergence" where AI learns vast human knowledge to develop generalized intelligence 2. "Autonomous Action" where AI acquires tool usage and programming skills to assist humans, which is the current industry stage 3. "Self-Iteration" where AI connects with the physical world for autonomous learning [2] Group 2: Strategic Pathways - Alibaba Cloud aims to be a "full-stack AI service provider" with two core strategies: 1. The "Tongyi Qianwen" initiative, which emphasizes an open-source approach to create the "Android of the AI era" 2. Building a super AI cloud as the "next-generation computer" to provide a global intelligent computing network [2] Group 3: Infrastructure Investment - To support its ambitious vision, Alibaba is advancing a three-year plan with an investment of 380 billion yuan in AI infrastructure, with plans for further investments - By 2032, the energy consumption of Alibaba Cloud's global data centers is projected to increase tenfold compared to 2022, the year recognized as the beginning of Generative AI [3]

阿里巴巴(9988.HK)进一步拉升，股价大涨近10%报174.6港元，创2021年8月以来新高。在2025阿里云栖 大会上，阿里巴巴正式宣布与英伟达开展Physical AI合作。合作覆盖了Physical AI的实践的各个方面， 包括数据的合成处理，模型的训练，环境仿真强化学习以及模型验证测试等。 ...

Core Viewpoint - Alibaba's stock price has surged over 9%, reaching a high of 174.6 HKD, with an annual increase of nearly 120% [1] Group 1: Company Developments - Alibaba officially announced a collaboration with NVIDIA on Physical AI, covering various aspects such as data synthesis, model training, environmental simulation reinforcement learning, and model validation testing [1] - CEO Wu Yongming stated that Alibaba is actively advancing a three-year plan to invest 380 billion in AI infrastructure, with plans for continued larger investments [1] Group 2: Industry Insights - The 2025 Cloud Habitat Conference will take place on September 24, featuring three main forums and three exhibition halls exploring cutting-edge AI directions [1] - The AI+ hall will showcase large model and intelligent agent development tools, while the Computing hall will focus on full-stack capabilities from chips to platforms [1] - The Frontier Applications hall will display AI implementation practices from over a hundred companies, highlighting the importance of Alibaba's computing chip specifications, capital expenditure plans, and model iterations [1]