Group 1 - The software ETF E Fund (562930) has seen an active trading session with a turnover of 15.53% and a transaction volume of 1.74 billion yuan as of January 15, 2026 [1] - As of January 14, 2026, the latest scale of the software ETF E Fund reached 11.25 billion yuan, with a total share of 10.39 billion, marking a new high in nearly one year [1] - The software ETF E Fund has experienced continuous net inflows over the past three days, with a maximum single-day net inflow of 397 million yuan, totaling 810 million yuan [1] Group 2 - Recent innovations in large language model architecture have been highlighted, with DeepSeek's Engram module significantly improving knowledge storage and retrieval efficiency [2] - Long-term forecasts suggest that AI applications are expected to achieve breakthroughs in both consumer and business sectors by 2026, with a focus on model and industry leader movements [2] - The "Artificial Intelligence + Manufacturing" initiative aims to launch 1,000 industrial intelligent bodies and create 500 typical application scenarios by 2027, promoting AI technology integration into production control and process optimization [2] Group 3 - The software ETF E Fund (562930) closely tracks the CSI Software Service Index, which selects 30 listed companies involved in software development and services to reflect the overall performance of the software service industry [3]

Core Viewpoint - Alibaba has officially announced the full integration of the Qianwen APP with its ecosystem, enabling AI shopping functionalities such as food delivery, shopping, and flight booking, and has opened testing to all users [1][4]. Group 1: Qianwen APP Features and Integration - The Qianwen APP has integrated with various Alibaba services including Taobao, Alipay, and Fliggy, allowing users to perform tasks like ordering food and booking flights seamlessly [1][4]. - Over 400 AI service functions will be launched, enhancing user experience by allowing the AI to perform tasks in the real world [7]. - The app's "Task Assistant" feature is currently in testing and will cover areas such as application development, office work, and daily tasks, with plans for free user access post-testing [7]. Group 2: User Engagement and Growth - Within two months of launch, the Qianwen APP has surpassed 100 million monthly active users [2]. - Alibaba has established a dedicated Qianwen C-end business group, led by Wu Jia, to further develop the app into a super app for the AI era [8]. Group 3: Future Plans and Infrastructure - Alibaba aims to expand the Qianwen APP globally, with plans to integrate various life scenarios such as maps, delivery, and health services [9]. - The company is investing 380 billion yuan in AI infrastructure, with a vision to develop advanced AI capabilities that could lead to superintelligent AI [11].

1月15日，千问App宣布全面接入淘宝、支付宝、淘宝闪购、飞猪、高德等阿里生态业务， 在全球首先实现点外卖、买东西、订机票等AI购物功能，并向 所有用户开放测试 。 上证报记者 杨翔菲 摄 几天前，谷歌宣布与沃尔玛等零售商的AI购物合作计划，但目前尚未上线。 1月15日，在千问App产品发布会上，阿里巴巴集团副总裁吴嘉表示，在AI时代，面向用户提供的服务都会离用户需求的原点更近，直接承载用户的需 求，用户也不需要自行拆解需求，在各个App之间切换。 帮我买杯奶茶,我喜欢甜一点的 好的,我将使用淘宝闪购为你提供服务。 当前你的地址是阿里巴巴西溪园区C区, 点击修改。我会优先推荐附近满足你要求 的甜味奶茶。 你喜欢的甜味奶茶已推荐,要下单吗?如 果想换口味或调整甜度,随时告诉我 - 霸王茶姬(西溪西港店) 轻因 · 伯牙绝弦x1 五窖茉莉香,轻咖啡因,顺滑甘甜 单价约 ¥ 13.0 选它 下单 轻因 · 伯牙绝弦 好的。已为你匹配最大优惠,可省9.6元 (千问爆红包8元)。 ○ 刷新重试 西溪西港店) 轻因·伯牙绝弦 ¥22.0 x1 大杯 / 热 / 标准糖 > 送达时间 立即配送,预计11:20送达 配送至 ...

大华继显分析师在一份报告中称，阿里巴巴2026财年第三财季的业绩可能乏善可陈，不过，随着对竞争 激烈的即时配送领域的投资放缓，利润率应会逐步回升。这些分析师对核心电商业务仍持谨慎乐观态 度，因该业务面临高基数效应和竞争，但他们看好云业务。大华继显预计，季度客户管理收入将同比增 长3.5%，非公认会计准则净利润将下降45%。该券商预测阿里巴巴云业务收入将飙升36%。该券商维持 对阿里巴巴H股的买入评级和206港元的目标价，并指出阿里巴巴仍是中国唯一一家拥有全栈AI能力的 上市公司。 大华继显分析师在一份报告中称，阿里巴巴2026财年第三财季的业绩可能乏善可陈，不过，随着对竞争 激烈的即时配送领域的投资放缓，利润率应会逐步回升。这些分析师对核心电商业务仍持谨慎乐观态 度，因该业务面临高基数效应和竞争，但他们看好云业务。大华继显预计，季度客户管理收入将同比增 长3.5%，非公认会计准则净利润将下降45%。该券商预测阿里巴巴云业务收入将飙升36%。该券商维持 对阿里巴巴H股的买入评级和206港元的目标价，并指出阿里巴巴仍是中国唯一一家拥有全栈AI能力的 上市公司。 责任编辑：王永生 责任编辑：王永生 ...

Core Insights - Qianwen App has integrated with Alibaba's ecosystem, including Taobao, Alipay, and Fliggy, to test AI shopping functionalities, marking a shift from conversational AI to practical task execution [1][2] - The app aims to become the first AI assistant capable of handling complex real-life tasks, with over 400 AI service functions being launched [1][2] Group 1: AI Shopping Functionality - Qianwen App allows users to place orders through voice commands, seamlessly generating orders via Taobao and completing payments through Alipay without switching applications [2] - The app provides personalized shopping recommendations based on user needs and leverages Taobao's extensive product database and review system [2][3] Group 2: Competitive Advantage - Alibaba has outpaced Google in launching multi-category AI shopping capabilities due to its unique "model + ecosystem" integration, contrasting with Google's open alliance approach [3] - The deep integration of Qianwen's model with Alibaba's internal ecosystem effectively addresses challenges related to decision trust and payment processes in AI applications [3] Group 3: Enhanced Model Capabilities - The training of the model focuses on understanding and distinguishing complex marketing information, utilizing Alibaba's unique transaction and service data to ensure objectivity and accuracy in AI shopping [4] - Qianwen App has expanded its services to include 50 public services through Alipay, allowing users to complete tasks like visa applications and household registration inquiries with simple commands [4] Group 4: Cross-Application Collaboration - The app demonstrates strong cross-application capabilities, enabling users to book flights and hotels through Fliggy and plan itineraries with Amap, showcasing its comprehensive service offerings [4] - Recent advancements in Qianwen's model have significantly improved its coding capabilities, multi-modal understanding, and context handling, enhancing its ability to manage complex tasks [4] Group 5: Task Assistant Feature - The "Task Assistant" feature is being tested on both App and Web platforms, designed to handle complex tasks across various scenarios, including report generation and application development [5] - Following the testing phase, this feature will be made available to users for free, further expanding the app's utility [5]

Core Viewpoint - Qianwen App has integrated with Alibaba's ecosystem, enabling AI shopping functionalities that allow users to perform complex tasks in real life, marking a shift from conversational AI to practical assistance [2][4]. Group 1: AI Shopping Functionality - The integration allows users to place orders, make payments, and complete transactions without switching between different applications, showcasing a seamless user experience [4]. - Qianwen App can provide personalized shopping recommendations based on user needs and Alibaba's extensive product database, effectively closing the loop from decision-making to transaction [6]. - Alibaba has become the first technology company globally to offer multi-category AI shopping capabilities, outpacing competitors like Google [6]. Group 2: Technical Integration and Model Training - The success of Qianwen App's AI shopping is attributed to its unique "model + ecosystem" integration, which addresses challenges in decision trust and payment processes [6]. - Training the model to discern and understand complex marketing information is crucial for maintaining objectivity and accuracy in AI shopping [8]. - The app's capabilities extend beyond shopping to include various life services, allowing users to access government services and complete tasks with simple voice commands [8]. Group 3: Cross-Application Collaboration - Qianwen App demonstrates strong cross-application capabilities, enabling users to book flights, hotels, and make dining reservations through integrated services [9]. - Recent advancements in the underlying technology have significantly improved the app's ability to handle complex tasks and understand various forms of input [9]. - The "task assistant" feature is being tested, which supports multi-step planning and complex task execution across different scenarios, with plans for free user access post-testing [9].

Core Insights - The launch of the Qianwen APP marks a significant shift in e-commerce, transitioning from traditional recommendation systems to AI-driven solutions that allow users to complete transactions through simple natural language commands [4][6][9]. Group 1: AI Integration in E-commerce - The Qianwen APP enables users to order food, book flights, and find restaurants without navigating through multiple apps, showcasing a seamless integration of AI in everyday transactions [9][28]. - This evolution signifies a fundamental change in the flow of online commerce, moving from "you find the goods" to "the goods find you" [6][8]. Group 2: Market Dynamics and Competition - Major tech companies like Google, OpenAI, and Amazon are competing for dominance in AI-driven e-commerce, indicating a race to establish the next generation of internet gateways [6][39]. - The Qianwen APP's success is tied to Alibaba's extensive ecosystem, which provides a competitive edge over rivals lacking similar infrastructure [30][31]. Group 3: Future Projections - Analysts predict that by 2030, AI-driven commerce could account for $385 billion, representing 20% of the U.S. e-commerce market, highlighting the potential for AI to reshape consumer spending [27]. - The shift towards AI agents in e-commerce is expected to significantly reduce the relevance of traditional app interfaces and advertising models [27][35]. Group 4: Business Model Transformation - The monetization strategy for AI in e-commerce is evolving from traditional advertising to service-based models, where AI can directly facilitate transactions and generate revenue through commissions [33][35]. - The integration of AI into e-commerce platforms is anticipated to enhance conversion rates, as evidenced by increased purchasing rates when using AI assistants [35]. Group 5: Industry Response and Adaptation - The launch of the Qianwen APP has triggered a ripple effect across the industry, with various service providers adapting their offerings to align with the new AI-driven landscape [37][48]. - Companies are leveraging AI to reconstruct marketing and operational processes, indicating a broader trend of digital transformation within the sector [48].

ly 千问APP全面接 阿里巴巴正以前所未有的"创业状态"重塑 AI 竞争格局。 1月15日，千问App宣布全面接入淘宝、支付宝、淘宝闪购、飞猪、高德等阿里生态业务，在全球首次实现点外卖、买东西、订机票等AI购物功能，并向所 有用户开放测试。 千问C端事业群总裁吴嘉表示，此次升级将上线超400项AI办事功能，让千问App成为全球首个能完成真实生活复杂任务的AI助手，带领AI行业从"聊天对 话"迈入"办事时代"。 训 点外卖、买东西、订机票、 支 H FR 35 12/114 C. WET 'a 能 臨 發 在业内看来，这是阿里内部一次"集中力量办大事"的组织力爆发。 让AI干活 吴嘉说，"AI在拥有超强大脑之后，开始长出了能够触达真实世界的手和脚，在生活中实实在在地替用户'干活'。千问是第一个真正能帮你办事的AI，优势 在于'Qwen最强模型'与'阿里最丰富生态'的结合"。 "AI办事时代才刚刚开始一些能力还在探索"，吴嘉豪言，要将千问App打造为最强大的人类AI助手覆盖每一个人。 在发布会上，吴嘉现场演示AI外卖功能，只需给千问App下达一句话指令，"帮我点40杯霸王茶姬的伯牙绝弦"，千问App迅速调用淘宝 ...

Core Viewpoint - Qianwen App has integrated with Alibaba's ecosystem, enabling AI shopping functionalities such as ordering food, purchasing items, and booking flights, marking a shift from conversational AI to task-oriented AI [1] Group 1: Integration and Features - Qianwen App now connects with Taobao, Alipay, Taobao Flash Purchase, Fliggy, and Amap, launching over 400 AI service functions [1] - The app aims to become the first AI assistant capable of handling complex real-life tasks [1] Group 2: Demonstration and Functionality - During the launch event, the president of Qianwen's consumer business group demonstrated the AI food ordering feature by placing an order for 40 cups of tea through a single voice command [1] - The integration allows users to place orders and make payments seamlessly within the app, utilizing Taobao Flash Purchase and Alipay's AI payment capabilities [1]

Group 1 - The core point of the news is that Qianwen App has fully integrated with Alibaba's ecosystem, enabling AI shopping functionalities such as ordering takeout, purchasing items, and booking flights, and is now open for user testing globally [1][3]. - Alibaba's Vice President, Wu Jia, emphasized that in the AI era, services will be closer to user needs, allowing users to avoid switching between different apps [3]. - Wu Jia stated that the role of AI in the digital world will accelerate, with AI becoming the primary agent for tasks, as demonstrated by the app's ability to fulfill simple requests like ordering milk tea [5]. Group 2 - Qianwen App has achieved over 100 million monthly active users within two months of its launch [13].