首届AI实盘投资大赛：阿里夺冠，美国四大模型均亏损

Core Insights - The AI investment competition "Alpha Arena" concluded with Alibaba's Qwen3-Max winning the championship with over 20% return, while DeepSeek secured the second position with a profit [2][6] - The competition featured six leading AI models, with only Qwen3-Max and DeepSeek achieving profitability, while the four American models, including GPT-5, suffered significant losses [2][8] Group 1: Competition Overview - The competition lasted 17 days and was initiated by the third-party organization Nof1, providing real-time market data for the AI models to make autonomous investment decisions [1][2] - All models received the same market data and prompts, ensuring fairness and transparency in the competition [3] Group 2: Performance Analysis - Qwen3-Max achieved an account value of $12,232 with a return of 22.32%, while DeepSeek had an account value of $10,489 with a return of 4.89% [9] - The American models, including Claude Sonnet 4.5, Grok 4, Gemini 2.5 Pro, and GPT-5, reported substantial losses, with GPT-5 losing over 62% [8][9] Group 3: Market Implications - The success of Qwen3-Max and DeepSeek highlights the growing capabilities of Chinese AI models in real-world applications, indicating their potential to compete on a global scale [11] - The competition's results suggest that understanding market scenarios will be crucial for the future development and competitiveness of AI models [11]