他宣布，公司正积极推进3,800亿元的AI基础设施建设，并计划追加更大投入。到2032年，阿里云全球 数据中心的能耗规模将比2022年提升10倍。这一目标预示着阿里云算力投入将指数级增长，为迎接超级 人工智能（ASI）时代做准备。 值得注意的是，阿里巴巴正式发布了其迄今为止规模最大、能力最强的模型Qwen3-Max。该模型的性 能表现引人注目，其预览版在权威的LMArena文本排行榜上位列全球第三，超越了GPT-5-Chat。此前公 布的2025财年第二季度财报显示，阿里云智能集团收入同比增长26%，创下近三年最高增速。公司整体 净利润同比增长76%，表明AI投入已开始产生实效。 他表示大模型是下一代操作系统，而AI云是下一代计算机。"大模型将取代传统OS，成为连接用户、软 件与AI计算资源的中间层。" 受到上述信息的刺激，资本市场也给予了积极回应。 9月24日，阿里巴巴港股全天大涨9.14%，股价创下2021年10月以来新高 ，市值一日暴增近3000亿。本 月该股已累计上涨超四成，年内涨幅接近翻倍。截至发稿，其总市值达到3.32万亿港元。从美股层面来 看，当地时间周一，华尔街明星基金经理"木头姐"凯茜·伍德 ...

而通往ASI的路线可以分为"智能涌现""自主行动""自我迭代"三个阶段。从学习人类知识，到掌握工具 以"辅助人"，再到能自我学习最终"超越人"，当前行业处于第二阶段。 未来，阿里云将通过两大核心路径实施AI战略：第一，通义千问坚定开源开放路线，致力于打造"AI时 代的Android（安卓）"；其二，构建作为"下一代计算机"的超级AI云，为全球提供智能算力网络。 事实上，阿里巴巴一直在持续加大AI投入。在2026财年Q1财报会上，吴泳铭曾透露，过去四个季度阿 里已在AI基础设施与产品研发上累计投入超1000亿元。 公司旗下核心业务如高德、钉钉等近期也在全面AI化。高德地图宣布推出全球首个基于地图的AI原生 应用；钉钉发布8.0版本，一口气推出了钉钉One、企业AI搜索引擎"AI搜问"、AI表格、AI听记和智能 硬件DingTalk A1等10余款AI产品；阿里国际站则广泛推行AI工具，帮助商家优化营销、采购及产品上 架流程。 9月24日，受利好消息刺激，阿里巴巴（9988.HK）股价大幅飙涨，高见174.9港元/股，涨近10%，创下 近4年新高。 截至收盘，阿里港股收涨9.16%，报174港元/股，市值达到3. ...

周三，大盘出现强劲反弹，其中科创板和创业板领涨，创业板指涨2.28%，科创50指数涨3.49%。沪深两市成交额达到23268亿元，较周二缩量1676亿元。 盘面上，半导体、芯片、AI应用板块涨幅居前。 消息面上，9月24日，在2025年云栖大会上，阿里巴巴集团董事兼CEO吴泳铭表示，在AGI（通用人工智能）到ASI（超级人工智能）的巨大变革中，大 模型将是下一代的操作系统。AI Cloud是下一代计算机。未来全世界或只会有5-6个超级云计算平台。AGI只是起点，超级人工智能ASI才是终极目标。 在每日经济新闻App举办的掘金大赛中，第74期比赛正在火热进行中，目前选手们踊跃报名入场，多位选手抓住了行情机会。大赛为模拟炒股，模拟资金 50万元。报名时间为9月13日至9月30日，比赛时间为9月15日至9月30日。正收益就获奖，报名就拿福利！周周发奖金，月月有大奖！ 目前，A股指数攀升至阶段性高位，大盘震荡加剧，很多股民陷入两难境地。相比股票，期货具有诸多优势，既可做多也可做空、杠杆交易、T+0等，交 易十分灵活。为便于股民了解和学习股指期货和期权，拓宽交易视野，给大家一个"零成本试错、高收获成长"的机会。每日经济 ...

在2025阿里云栖大会上，阿里巴巴正式宣布与英伟达开展Physical AI合作。合作覆盖了Physical AI的实践的各个方面，包括数据的合成处理，模型的训练，环境仿真强化学习以及模型验证测试等。外汇交易员 (@myfxtrader):9月24日，在2025年云栖大会上，阿里巴巴集团董事兼CEO吴泳铭表示，AGI并非是发展的终点，只是全新的起点，AI肯定不会止步于AGI, 它将迈向超越人类智能能够自我迭代进化的超级人工智能行业，称为ASI超级人工智能。 https://t.co/fbdoq78nwZ ...

Core Viewpoint - Alibaba's CEO, Wu Yongming, emphasizes the evolving collaboration between humans and AI, suggesting that advancements in AI will significantly enhance human capabilities, similar to how electricity amplified physical strength in the past [1] Group 1 - Wu highlights the transition from "Vibe Coding" to "Vibe Working," indicating a new era of interaction between humans and AI [1] - The future will see households, factories, and companies equipped with numerous agents and robots providing 24/7 services [1] - The advancement of Artificial Superintelligence (ASI) is expected to exponentially increase human intellectual leverage, making people more powerful than ever before in history [1]

Core Viewpoint - The Hong Kong internet sector shows positive momentum with significant gains in major stocks, driven by advancements in AI infrastructure and investment opportunities in the sector [1] Group 1: Market Performance - The China Securities Hong Kong Internet Index rose by 1.9% and the Hang Seng Technology Index increased by 1.8% as of 11:10 AM [1] - Alibaba's stock surged over 7%, reaching a new high since 2022, while Kuaishou and Meituan saw increases of over 4% and 2%, respectively [1] - The E Fund Hang Seng Technology ETF (513010) has experienced net inflows for 20 consecutive trading days, with the latest scale reaching 20.6 billion, marking a historical high [1] Group 2: AI Infrastructure Development - Alibaba's CEO announced a proactive approach towards building a 380 billion AI infrastructure, with plans for continued investment to prepare for the ASI era [1] - By 2032, Alibaba Cloud's global data center energy consumption is expected to increase tenfold, with computational power investments rising exponentially [1] Group 3: Investment Opportunities - Analysts suggest that as AI capabilities evolve and applications penetrate further, the underlying AI-related assets in the Hong Kong internet sector may be revalued, presenting significant medium to long-term investment potential [1] - The rolling price-to-earnings ratios for the China Securities Hong Kong Internet Index and the Hang Seng Technology Index are around 25 times, positioned at the 27% and 33% percentiles since the indices were launched [1] - Investors can consider the Hong Kong Internet ETF (513040) and E Fund Hang Seng Technology ETF (513010) for convenient exposure to the Hong Kong technology and internet sectors [1]

Market Performance - A-shares experienced a low opening but rebounded, with the Shanghai Composite Index rising to 3845.91 points, up 0.63% with a trading volume of 628.2 billion [1] - The ChiNext Index increased by 1.76% to 3169.40 points, with a trading volume of 383 billion [1] - The STAR Market 50 Index surged nearly 5% to 1476.79 points, with a total trading volume of approximately 82.48 billion [1] Sector Performance - Semiconductor stocks saw significant gains, with companies like ShenGong Co., Jiangfeng Electronics, and Tongfu Microelectronics hitting the daily limit [1][2] - Real estate stocks also showed strength, with Yunnan Cheng Investment, Shibei High-tech, and Chongqing Development reaching the daily limit [1] - Tourism stocks faced a collective decline, with Yunnan Tourism hitting the daily limit down [1][2] Institutional Insights - China Galaxy Securities noted that the consumer electronics sector is entering a period of intensive new product releases, particularly with Meta's smart glasses, which could enhance market penetration [3] - Huatai Securities projected a significant increase in net profit for the power equipment and renewable energy sector in the first half of 2025, driven by strong demand in the new energy vehicle supply chain [3] - CICC highlighted the upgrade of AI power supply architecture to 800V HVDC, with domestic and international manufacturers actively investing in SST technology [3] Transportation Data - The National Railway Administration reported that from January to August, the total freight volume reached 3.467 billion tons, a year-on-year increase of 2.6% [4] - In August alone, freight volume was 457 million tons, up 5.6% year-on-year, with coal, containers, and metal ores showing significant growth [4] Regulatory Developments - The State Administration for Market Regulation is seeking public opinion on new regulations for food delivery platforms, focusing on pricing and promotional practices to enhance service quality and reduce merchant burdens [5] AI Infrastructure Investment - Alibaba's CEO announced a plan to invest 380 billion in AI infrastructure, with expectations of a tenfold increase in energy consumption by 2032, indicating a substantial rise in computing power investment [6] - The company aims to prepare for the arrival of ASI, with a focus on addressing major scientific challenges [7]

Core Viewpoint - Alibaba's CEO emphasizes that large models will serve as the next generation operating system, while AI cloud will represent the next generation of computing [1][5]. Group 1: AI Infrastructure and Investment - Alibaba is actively advancing its AI infrastructure construction with an investment of 380 billion [1]. - The energy consumption of Alibaba Cloud's global data centers is expected to increase tenfold by 2032 compared to 2022, indicating an exponential increase in computing power investment [2]. Group 2: Path to Superintelligence - The transition from AGI (Artificial General Intelligence) to ASI (Artificial Superintelligence) is seen as a certainty, with the ultimate goal being the development of self-iterating AI that can surpass human capabilities [4]. - The journey to ASI consists of three stages: emergence of intelligence, autonomous action, and self-iteration [4]. Group 3: Role of Large Models - Large models are positioned as the next generation operating system, facilitating interactions between the physical and digital worlds [5]. - Future applications will be created using natural language through large models, potentially replacing traditional software development methods [5]. Group 4: Market Reaction and Investment Activity - Following the announcements, Alibaba's stock in Hong Kong surged over 6% [2]. - Notably, Cathie Wood's Ark Invest has re-entered positions in Alibaba, purchasing American Depositary Receipts valued at approximately 16.3 million USD [6].

他认为人类和AI将演进出全新的协同方式，从Vibe Coding到Vibe Working。未来，每个家庭、工厂、公 司，都会有众多的Agent和机器人24小时为我们服务。正如电曾经放大了人类物理力量的杠杆，ASI将 指数级放大人类的智力杠杆，人会变得比历史上任何时候都强大。 同时，他表示目前阿里正积极推进3800亿的AI基础设施建设，并计划追加更大的投入。 9月24日，阿里巴巴集团CEO、阿里云智能集团董事长兼CEO吴泳铭在云栖大会演讲中表示，实现AGI 已是确定性事件，但这仅是起点，终极目标是发展出能自我迭代、全面超越人类的ASI（超级人工智 能）。 ...

阿里巴巴CEO吴泳铭：目前阿里正积极推进3800亿的AI基础设施建设，并计划追加更大的投入。为了迎接ASI时代的到来，对比2022年这个GenAI的元年，到2032年阿里云全球数据中心的能耗规模将提升10倍。这意味着阿里云算力投入将指数级提升。 ...