Group 1 - The core viewpoint of the news highlights the resilience of the Hong Kong technology sector, which showed a rebound after a significant drop, with the Hang Seng Technology Index down by 0.7% as of 9:47 AM on January 29 [1] - Recent data indicates a recovery in overall trading volume in the Hong Kong market, with both the amount and proportion of southbound capital increasing, suggesting a rise in market participation [1] - Foreign active funds have turned to net inflows for two consecutive weeks, indicating a positive change in the funding structure of the Hong Kong technology sector, which supports market recovery [1] Group 2 - The current earnings season for U.S. tech stocks is a focal point, with AI, cloud computing, and commercialization of applications being key areas of market interest [1] - If the performance and future guidance of overseas tech leaders exceed expectations, it could catalyze trends in related industries, positively impacting the Hong Kong technology sector through valuation and risk appetite transmission [1] - The Hang Seng Technology Index consists of the 30 largest stocks related to technology themes listed in Hong Kong, focusing on sectors such as semiconductors, robotics, software, internet, and smart driving, with major weights including Tencent Holdings, Alibaba, and SMIC [1] Group 3 - The Hang Seng Technology ETF managed by E Fund has seen a cumulative net inflow of over 1.5 billion yuan since January, with its latest scale surpassing 30 billion yuan, marking a new high since its inception [2] - The ETF offers good liquidity and supports T+0 trading, which can help investors seize opportunities in the Hong Kong technology industry chain amid the convergence of capital inflow and industry catalysts [2]

智通财经记者 | 程璐 智通财经编辑 | 文姝琪 就在阿里旗下芯片设计业务单位平头哥被爆出考虑启动IPO后的一周里，1月29日上午，平头哥官网悄 然上线一款名为"真武810E"的高端AI芯片，此前被央视《新闻联播》曝光的阿里自研芯片PPU正式对 外。 此前智通财经曾报道，平头哥IPO信号释放的背后，关键推力在于其产品在外部市场取得的进展。其 中，新一代自研AI加速器芯片PPU"真武"扮演了关键角色。 智通财经了解到，"真武"PPU已在阿里云实现多个万卡集群部署，并服务了国家电网、中科院、小鹏汽 车、新浪微博等400多家客户。 不过，这也意味着在商业模式上，平头哥多通过AI云服务来提供算力，其营收与阿里云深度捆绑，外 界难以清晰辨识其独立的盈利能力。未来要如随着上市规划的启动，平头哥也要加速走出去，拓展外部 销售市场，同时与母公司阿里巴巴确立更清晰的关联交易定价机制，让外界得以评估平头哥独立盈利能 力。 "真武"PPU的正式上线，是平头哥在芯片领域积累多年的能力集中输出。阿里巴巴2009年创建阿里云， 2018年成立平头哥芯片公司，2019年启动大模型研究，经过长达17年的战略投入和垂直整合，实现 了"通云哥" ...

Core Viewpoint - Alibaba's high-end AI chip "Zhenwu 810E" has been launched, marking a significant advancement in its AI capabilities and positioning in the tech industry [1] Group 1: Product Launch - The "Zhenwu 810E" chip is now available on Alibaba's official website [1] - This chip has been deployed in multiple large-scale clusters on Alibaba Cloud, serving over 400 clients including State Grid and Xpeng Motors [1] Group 2: Strategic Positioning - Alibaba has established a comprehensive AI ecosystem, referred to as the "Tongyun Ge," which consists of Tongyi Laboratory, Alibaba Cloud, and Pingtouge [1] - With this development, Alibaba becomes the second technology company globally, after Google, to possess full-stack self-research capabilities in "large models + cloud + chips" [1]

Core Insights - Alibaba has launched the "Zhenwu 810E" high-end AI chip, marking the debut of its self-developed PPU, which is part of the AI supercomputer initiative "Tongyun Ge" [1][3] - The "Tongyun Ge" initiative combines Alibaba's self-developed chips, leading cloud services, and advanced open-source models to achieve high efficiency in AI model training and deployment [1] - The "Zhenwu" PPU has been deployed in multiple clusters on Alibaba Cloud, serving over 400 clients including major organizations like State Grid and Xpeng Motors [1][3] Group 1 - The "Zhenwu" PPU features a self-developed parallel computing architecture with 96G HBM2e memory and an inter-chip bandwidth of 700 GB/s, suitable for AI training, inference, and autonomous driving [3] - The performance of the "Zhenwu" PPU surpasses that of NVIDIA's A800 and is comparable to the H20, with an upgraded version reportedly outperforming the A100 [3] - The successful launch of the "Zhenwu" PPU reflects years of strategic investment and vertical integration by Alibaba in the chip sector, culminating in a comprehensive AI stack [3] Group 2 - The Tongyi Laboratory has released the Qwen3-Max-Thinking flagship inference model, achieving multiple global records and performance levels comparable to GPT-5.2 and Gemini 3 Pro [4] - The number of derivative models from the Qwen open-source model has exceeded 200,000, with download counts surpassing 1 billion, maintaining its position as the largest in the world [5]

据科创板日报， 阿里平头哥官网上线高端AI芯片"真武810E" ，这款芯片已在阿里云实现多个万卡集群部署，并服务了国家电网、小鹏汽车等400多 家客户。这意味着由通义实验室、阿里云和平头哥组成的阿里AI黄金三角"通云哥"完整浮出水面。 阿里成为继谷歌之后全球第二家具备"大模型+云+芯片"全栈自研实力的科技公司。 准确 快速 权威 专业 7x24h电报 头条新闻 VIP资讯 实时盯盘 下载财联社APP获取更多资讯 ...

阿里自研AI芯片"真武"亮相，阿里平头哥官网29日上线高端AI芯片"真武810E"产品信息，该芯片实现软 硬件全自研，已在阿里云实现多个万卡集群部署，服务了国家电网、中科院、小鹏汽车、新浪微博等 400多家客户。这是通义实验室、阿里云和平头哥组成的阿里巴巴AI黄金三角"通云哥"首次浮出水面。 ...

Core Viewpoint - Alibaba is positioning its AI ecosystem, referred to as "Tongyun Ge," as a leading AI supercomputer, integrating self-developed chips, cloud services, and open-source models to achieve high efficiency in training and deploying large models [1][2]. Group 1: Product Launch and Features - The "Zhenwu 810E" high-end AI chip was launched on January 29, marking the official introduction of Alibaba's self-developed PPU [1]. - The "Zhenwu" PPU features a 96G HBM2e memory and an inter-chip bandwidth of 700 GB/s, designed for AI training, inference, and autonomous driving applications [2]. - The performance of the "Zhenwu" PPU surpasses that of NVIDIA's A800 and mainstream domestic GPUs, and is comparable to NVIDIA's H20, with an upgraded version reportedly outperforming the A100 [2]. Group 2: Market Position and Achievements - The "Zhenwu" PPU has been deployed in multiple clusters on Alibaba Cloud, serving over 400 clients, including State Grid, Chinese Academy of Sciences, Xiaopeng Motors, and Sina Weibo [1]. - The "Qwen3-Max-Thinking" flagship inference model from Tongyi Lab has set multiple global records, rivaling the performance of GPT-5.2 and Gemini 3 Pro [4]. - The number of derivative models from the Qianwen open-source model has exceeded 200,000, with download counts surpassing 1 billion, maintaining its position as the largest in the world [4].

Core Viewpoint - Alibaba's Pingtouge has launched a high-end AI chip named "Zhenwu 810E," which features fully self-developed hardware and software, marking a significant development in its AI capabilities [1] Group 1: Product Launch - The "Zhenwu 810E" chip has been officially launched on Alibaba Pingtouge's website [1] - This chip has garnered attention due to its complete self-research and development, indicating a strategic move by Alibaba in the AI sector [1] Group 2: Performance Comparison - The overall performance of the "Zhenwu" chip surpasses that of NVIDIA's A800 and mainstream domestic GPUs, and is comparable to NVIDIA's H20 [1] Group 3: Strategic Collaboration - The launch of the "Zhenwu 810E" highlights the collaboration between Tongyi Laboratory, Alibaba Cloud, and Pingtouge, forming what is referred to as Alibaba's AI "Golden Triangle" [1]

阿里自研AI芯片"真武"亮相，阿里平头哥官网29日上线高端AI芯片"真武810E"产品信息，该芯片实 现软硬件全自研，已在阿里云实现多个万卡集群部署，服务了国家电网、中科院、小鹏汽车、新浪微 博等400多家客户。这是通义实验室、阿里云和平头哥组成的阿里巴巴AI黄金三角"通云哥"首次浮出 水面。 ...

（文章来源：第一财经） 阿里平头哥官网29日上线高端AI芯片"真武810E"产品信息，该芯片实现软硬件全自研，已在阿里云实 现多个万卡集群部署，服务了国家电网、中科院、小鹏汽车、新浪微博等400多家客户。这是通义实验 室、阿里云和平头哥组成的阿里巴巴AI黄金三角"通云哥"首次浮出水面。 ...