智通财经网·2025-09-24 07:00Core Viewpoint - Alibaba's stock price has increased significantly, with a nearly 120% rise year-to-date, following the announcement of a collaboration with NVIDIA on Physical AI initiatives [1] Group 1: Stock Performance - Alibaba's stock (09988) rose over 9%, reaching a high of 174.6 HKD, with a current price of 173.9 HKD and a trading volume of 34.964 billion HKD [1] Group 2: AI Collaboration - Alibaba officially announced a partnership with NVIDIA to work on various aspects of Physical AI, including data synthesis, model training, environmental simulation reinforcement learning, and model validation testing [1] Group 3: Infrastructure Investment - Alibaba's CEO, Wu Yongming, stated that the company is actively advancing a three-year plan to invest 380 billion RMB in AI infrastructure, with intentions to continue increasing this investment [1] Group 4: Upcoming Events - The 2025 Cloud Habitat Conference will take place on September 24, featuring three main forums and three exhibition halls focused on AI advancements, including a showcase of large models and intelligent development tools [1] Group 5: Strategic Focus Areas - Attention is recommended on Alibaba's computing chip specifications, capital expenditure plans, the iteration and open-sourcing of the Qianwen model, and the layout of edge-side products [1]