Seek .(US:SKLTY) Guan Cha Zhe Wang·2025-11-24 05:17Core Insights - Alibaba's "Qianwen" project has officially launched, marking its entry into the AI to C market, and has quickly become the fastest-growing AI application in history, surpassing competitors like ChatGPT and DeepSeek [4][5][9] Group 1: Market Performance - Following the announcement of Qianwen, Alibaba's stock surged by 4.13% by midday [3] - The Qianwen app reached the fourth position on the Apple App Store's free applications chart within a day of its public beta launch, causing server congestion due to high traffic [5][6] - By November 19, just two days after its launch, Qianwen climbed to the third position on the App Store [6] Group 2: Competitive Landscape - Qianwen's download speed has significantly outpaced other popular AI applications, achieving over 10 million downloads faster than ChatGPT and DeepSeek [7][8] - The Qwen model, which powers Qianwen, has become a leading open-source model globally, with over 600 million downloads, and is recognized for its superior performance compared to competitors like Llama and DeepSeek [9] Group 3: Strategic Vision - Alibaba views Qianwen as a critical component in the "AI era future battle," aiming to establish a consumer-facing AI entry point [10] - Analysts suggest that Qianwen's initial success is just the beginning, with potential for further growth through subscription models and integration with Alibaba's other services [10] - The app is positioned as an "Agentic AI" capable of understanding and executing complex tasks, indicating a shift from passive AI tools to proactive AI agents [11]