全球AI云竞赛，阿里靠什么打？

Core Viewpoint - Alibaba is undergoing a self-revolution similar to historical examples like IBM and Microsoft, with a recent stock price surge reflecting market optimism about its AI strategy and cloud business performance [2] Group 1: Alibaba's Position in the AI Cloud Market - Alibaba is the only Chinese company among the world's four "super AI clouds," pursuing a full-stack self-research approach in AI chips, cloud computing, and foundational models, aligning strategically with Google [2][3] - The company has announced a significant investment of 380 billion yuan (approximately 53.5 billion USD) over the next three years for cloud and AI infrastructure, surpassing its total investment over the past decade [11] Group 2: AI Competition Dynamics - The AI competition has shifted from a "model race" to a focus on building a robust AI full-stack technology system, which includes capital investment, cloud computing capacity, foundational models, and self-developed AI chips [4][7] - The success in AI is determined by two core variables: iteration speed and cost efficiency, which require a vertically integrated AI full-stack technology system [7][8] Group 3: Comparison of Strategic Paths - Two distinct strategic paths have emerged: the "cloud + ecosystem" model represented by Microsoft and Amazon, and the "full-stack self-research" model represented by Google and Alibaba [15][17] - The "full-stack self-research" model allows for faster iteration and better cost efficiency, as seen in the recent revenue growth of both Google Cloud and Alibaba Cloud [17] Group 4: Open Source and Global Impact - The open-source model has gained traction, with Chinese models like DeepSeek and Alibaba's Tongyi Qwen influencing global AI paradigms, highlighting the importance of a complete "full-stack AI capability" for long-term competitive advantage [19] - The shift towards open-source by OpenAI is seen as a response to the growing influence of Chinese open-source capabilities, emphasizing the need for a comprehensive industrial system to convert advanced designs into scalable products [19][20]