BABA(US:BABA) 券商中国·2025-10-09 23:05Core Insights - The competition in artificial intelligence is described as a "long marathon" rather than a winner-takes-all scenario, with models frequently changing leadership positions [1] - The importance of rapid adoption of AI technology is emphasized over merely developing the most powerful models, with a call for the U.S. to invest more in technology application and promotion [1] - In China, the adoption of AI in businesses has significantly increased, with nearly 50% of companies now utilizing AI compared to just 8% last year [1] Group 1 - Alibaba's Chairman, Daniel Zhang, noted that AI has the potential to automate up to 30% of coding tasks within the company [2] - The competitive landscape for Alibaba has intensified, with several strong competitors emerging, including ByteDance, leading to a more predictable regulatory environment [2] - Alibaba's stock has seen a significant increase of over 110% this year, making it one of the best-performing tech stocks [2] Group 2 - Alibaba plans to increase its investment beyond the previously announced 380 billion yuan over the next three years, indicating a more aggressive AI strategy [3] - The company aims to become a "full-stack AI service provider," collaborating with various partners to build a comprehensive ecosystem from foundational chips to application models [3]