Di Yi Cai Jing Zi Xun·2025-11-13 07:08Core Insights - Alibaba has secretly launched the "Qianwen" project, developing a personal AI assistant app named Qianwen, which directly competes with ChatGPT [1] - The company's management views this initiative as a crucial battle for the future in the AI era, leveraging the advantages of the Qwen open-source technology [1] - This move follows Alibaba's earlier announcement of a 380 billion investment in AI infrastructure, marking a significant expansion of its AI strategy [1] Company Strategy - Alibaba has primarily focused on the B2B AI market, providing model API services through Alibaba Cloud to various industries [1] - The management believes that the timing is now ripe to initiate a C-end battle with the Qianwen app [3] Market Reaction - On November 13, Alibaba's Hong Kong stock experienced a rapid increase, rising over 4% in the afternoon after a morning dip of nearly 2% [2]