Core Insights - Alibaba Cloud is projected to maintain its leading position in the Chinese AI cloud market by the first half of 2025, surpassing the combined total of its competitors ranked second to fourth [2] - Alibaba is the only Chinese company among the global top four AI cloud providers, alongside Google, Amazon, and Microsoft [2] Group 1: Leadership and Strategy - Wu Yongming has been leading Alibaba for two years, focusing on reshaping strategic priorities and business lines, with a clear vision for the future [4][15] - Wu emphasizes that achieving Artificial General Intelligence (AGI) is not the end goal but a new starting point towards developing Super Artificial Intelligence (ASI) [4] - Under Wu's leadership, Alibaba has seen a significant increase in stock price, reaching a four-year high [7] Group 2: Investment and Growth - Alibaba plans to invest over 380 billion yuan in AI infrastructure over the next three years, which is more than the total investment of the past decade [25] - The company is focusing on a "public cloud first" strategy, aiming to enhance operational efficiency and improve product structure [25] - Alibaba Cloud's revenue growth has rebounded significantly, with quarterly revenue growth returning to double digits [27] Group 3: Market Position and Future Outlook - Alibaba aims to become a leading full-stack AI service provider globally, with a focus on open-source and building the "AI operating system" of the future [37] - The company is positioning itself to be one of the few super cloud computing platforms globally, with a vision for the future of AI as a critical commodity [39] - The stock price of Alibaba has doubled this year, reflecting investor confidence in the company's new direction and long-term value [35]

Core Insights - The realization of Artificial General Intelligence (AGI) is seen as a certainty, with the ultimate goal being the development of Super Artificial Intelligence (ASI) that can self-iterate and surpass human capabilities [2] - Alibaba's CEO predicts that large models will serve as the next generation "operating system," while Super AI Cloud will be the next generation "computer" [2][3] AI Infrastructure Investment - Alibaba is advancing a three-year plan to invest 380 billion in AI infrastructure, with plans for further investments [3] - By 2032, the energy consumption of Alibaba Cloud's global data centers is expected to increase tenfold compared to 2022 [3] Global Expansion - Alibaba Cloud announced a global infrastructure expansion plan, establishing new cloud computing regions in Brazil, France, and the Netherlands, and expanding data centers in Mexico, Japan, South Korea, Malaysia, and Dubai [4] - Currently, Alibaba Cloud operates 91 availability zones across 29 regions, making it the largest cloud service provider in China and the leading provider in Asia-Pacific [4] AI Model Development - Alibaba launched seven new large model technology products at the conference, covering various fields such as language, speech, vision, and multi-modal models [5] - The flagship model Qwen3-Max outperforms competitors like GPT-5 and Claude Opus 4, ranking among the top three globally [5] Collaboration with NVIDIA - Alibaba Cloud announced a partnership with NVIDIA in the Physical AI domain, integrating NVIDIA's software stack into its AI platform to enhance capabilities in data preprocessing, simulation, and model training [7] AI Penetration in Industries - The AI technology is accelerating its penetration across various industries, with over 200,000 developers creating more than 800,000 agents on Alibaba's platform [8] - Notable applications include the "Merchant Intelligent Review Assistant" by ICBC and AI-assisted game development by NetEase, showcasing significant efficiency improvements [9]

吴泳铭：未来三年，阿里将投入 3800 亿用于 AI 基础设施建设。 当大模型明确展示出将重复工作自动化的潜力后，2025 年成为众多企业将 AI 融入业务的开端。定位 于 AI 基础设施的阿里云也在进行更加长远且饱和的投入。 在 9 月 24 日举办的 2025 云栖大会上，吴泳铭在主题演讲中说："通用人工智能（AGI ：Artificial General Intelligence）并非 AI 发展的终点，而是全新的起点。AI 不会止步于 AGI，它将迈向超越人 类，能够自我迭代进化的超级人工智能（ASI：Artificial Superintelligence）。" 吴泳铭在会上解释了通往 ASI 的三阶段演进路线： 第三阶段："自我迭代"，AI 通过连接物理世界并实现自学习，最终实现 "超越人"。 为实现这一目标，阿里云将通过两方面实施自己的 AI 战略： 第一阶段："智能涌现"，AI 通过学习海量人类知识具备泛化智能。 第二阶段："自主行动"，AI 掌握工具使用和编程能力以 "辅助人"，这是行业当前所处的阶段。 其一，通义千问将继续开源战略，并努力将其打造为 "AI 时代的 Android"。据吴泳 ...

当外界还在讨论AGI（通用人工智能）的实现路径时，阿里集团董事兼CEO、阿里云智能集团董事长兼CEO吴泳铭在9月24日提出了一个新概念：超级人工 智能（ASI）。 每年，阿里云都会在云栖大会上描述定位、分享观察、展示能力。2025年的这套组合拳更显强势，目标也更宏大。这种变化很微妙，并不起于当天的演讲和 愿景，而来自于2025年初阿里提出的三年投入3800亿元建设云和AI基础设施的决心、云计算在阿里集团日益提升的地位，以及集团押注未来技术革命承担 的风险。 当天，阿里通义千问大模型七连发，覆盖文本、编程、视觉理解、语音识别等垂直领域；百炼升级了7种企业级Agent（智能体）能力；阿里云发布新一代磐 久128超节点AI服务器。产品层面，阿里云从AI模型、Agent（智能体）开发、AI基础设施三个方面向AI时代的安卓看齐。单论云栖大会第一天的效果，按 当天港股收盘时计算，阿里股价涨了近10%，截至北京商报记者发稿，阿里在美股股价上涨7.71%。 1 . ri i r program CHILACA THE 他还将通往ASI的路线分成三个阶段：智能涌现、自主行动、自我迭代，把当下所处的阶段对标到第二阶段，也就是AI ...

作者 | 周智宇 编辑 | 张晓玲 这套全新的叙事，等于要求资本市场彻底抛弃旧的估值坐标系。阿里试图告诉投资者：不要再用传统 IDC（互联网数据中心）的逻辑来给阿里云定价了，请用一个属于ASI时代的、更高维度的坐标系来重 新审视它。 所谓的ASI，是一个新概念。吴泳铭在会上直接将目标从行业热议的AGI（通用人工智能）拉升至ASI （超级人工智能）。他清晰地描绘了通往ASI的三个阶段：从学习人类知识的"智能涌现"，到辅助人类 的"自主行动"，最终实现自主学习并"超越人类"。 支撑这套叙事的，是饱和式的技术和产品投入。本次大会，阿里云堪称"模型七连发"，一口气推出了旗 舰模型Qwen3-Max、下一代架构Qwen3-Next、视觉编程模型Qwen3-VL等七款重磅新品。其中，旗舰模 型Qwen3-Max的性能已在全球权威榜单LMArena上位居前三，超越了GPT-5等顶尖模型。 在杭州初秋的小雨中，阿里巴巴CEO吴泳铭走上了云栖大会的舞台，并发表了题为《超级人工智能之 路》的演讲。这不仅是他执掌阿里巴巴两年后的年度汇报，更被外界解读为一次决定性的宣言。 此前，市场上就有关于阿里将上调资本开支的传闻，而在云栖大会上 ...

Core Viewpoint - Alibaba Cloud is positioning itself for the future of AI, with a focus on building a robust AI infrastructure and preparing for the arrival of Artificial Super Intelligence (ASI) [1][22]. AI Development Stages - The journey to ASI is defined in three stages: "Intelligent Emergence," "Autonomous Action," and "Self-Iteration" [6][12]. - The first stage involves AI learning from vast human knowledge, achieving capabilities comparable to top human performers in various fields [6][3]. - The second stage focuses on AI's ability to assist humans by performing complex tasks and interacting with the physical world [7][8]. - The third stage will see AI achieving self-learning capabilities, allowing it to optimize and evolve independently [11][12]. Investment Goals - Alibaba is committed to a three-year investment plan of 380 billion yuan in AI infrastructure, anticipating a tenfold increase in energy consumption by 2032 compared to 2022 [22][19]. - The company aims to create a comprehensive AI ecosystem that supports developers and enhances AI applications across industries [20][19]. AI as the Next Operating System - Large models are expected to replace traditional operating systems, serving as the backbone for all tools and applications in the AI era [14][15]. - Natural language will become the programming language of the AI age, enabling users to create applications effortlessly [15][16]. AI Cloud as the Next Computing Paradigm - The future of computing will revolve around AI Cloud, which will require massive computational resources and infrastructure [18][19]. - The shift from CPU-centric to GPU-centric computing is essential for meeting the demands of AI applications [18][20]. Collaboration Between Humans and AI - The emergence of ASI will redefine human-AI collaboration, enhancing productivity and creating new opportunities across various sectors [24][25]. - AI is expected to amplify human capabilities significantly, leading to unprecedented levels of productivity and innovation [24][25].

吴泳铭是一个极少出现在聚光灯之下的CEO。 基于此，他阐述了阿里的两个核心选择：其一，通义千问选择开源路线，希望成为下一代操作系统；其二，阿里云要成为"超级AI云"，因为未来的 商业模式就像电力系统，"Token就是未来的电"。 为支撑这一宏大愿景，吴泳铭表示，阿里巴巴正在积极推进三年3800亿的AI基础设施建设计划，并将会持续追加更大的投入。根据远期规划，为了 迎接ASI时代的到来，对比2022年这个GenAI的元年，2032年阿里云全球数据中心的能耗规模将提升10倍。 这场演讲，是他少有的高调表达，为理解他上任后700多天的所有决策，提供了一个清晰的视角。 1.终极思考：通往ASI的三级火箭 在他看来，实现一个具备人类通用认知能力的AGI，只是AI发展的一个阶段。AI的终极形态，将是能够自我迭代、超越人类智能的ASI。它将可能创 造出一批"超级科学家"和"全栈超级工程师"，以指数级的速度去解决今天人类难以攻克的科学问题，比如新药研发、新材料和可持续能源。 执掌阿里巴巴两年以来，他极少发声，也未接受过任何一家媒体的专访。综合多方信息，可以拼凑出一个更立体的形象：他是阿里"第一个程序 员"，亲手写下了公司早期 ...

Core Insights - The core message of the article revolves around Alibaba Cloud's aggressive push into the AI sector, particularly through the launch of new models and the establishment of a strategic vision for the future of artificial intelligence, termed ASI (Artificial Superintelligence) [1][4][12]. Group 1: AI Models and Innovations - Alibaba Cloud introduced several new AI models at the Yunqi Conference, including the flagship model Qwen3-Max, which outperforms competitors like GPT-5 and Claude Opus 4, ranking among the top three globally on LMArena [1][6]. - The new models include Qwen3-Next, Qwen3-Coder, Qwen3-VL, Qwen3-Omni, Wan2.5-preview, and Tongyi Bailing, each with significant advancements in capabilities such as visual understanding, coding, and multi-modal interactions [1][6][12]. - The Qwen3-Max model has a pre-training data volume of 36 trillion tokens and over one trillion parameters, showcasing a substantial increase in performance and efficiency [6][12]. Group 2: Strategic Vision and Goals - Alibaba Cloud's CEO, Wu Yongming, articulated a vision where large models will serve as the next generation of operating systems, fundamentally transforming software development and interaction [3][4]. - The company aims to build a "Super AI Cloud" to provide a global intelligent computing network, with a three-year plan involving an investment of 380 billion yuan in AI infrastructure [3][4]. - The transition from AGI (Artificial General Intelligence) to ASI is outlined in three stages: "intelligent emergence," "autonomous action," and "self-iteration," with the ultimate goal of surpassing human intelligence [4][12]. Group 3: Market Response and Financial Performance - Following the announcement of its new AI strategy, Alibaba's stock surged over 9%, reaching its highest level since October 2021, indicating strong market confidence in the company's direction [5][12]. - Alibaba Cloud reported a 26% year-on-year increase in quarterly revenue, with AI-related income growing for eight consecutive quarters at triple-digit rates [12][18]. - The Chinese AI cloud market is projected to reach 22.3 billion yuan by mid-2025, with Alibaba Cloud holding a 35.8% market share, surpassing the combined share of its next three competitors [12].

编辑丨朱益民 许久不见，阿里在一日之内，"利好"堆积如山。 9月24日，杭州云栖小镇成为全球科技界的焦点。阿里巴巴云栖大会以"云智一体·碳硅共生"为主题科技 大会，发布了包括新的"ASI"概念，海量算力投入计划，以及超节点高密度算力集群设备发布，并再次 点燃了资本市场对阿里与AI产业链的热情。 记者丨赵云帆 最引人关注的是阿里云对算力基础设施的巨额投入。吴泳铭表示："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。 阿里云还展示了超大规模集群、分布式训练、推理加速等能力，并首次展出单柜支持144个计算节点的 高密度AI服务器和新一代高性能网络架构HPN8.0。 受云栖大会利好刺激，A股市场阿里概念股表现活跃。截至收盘，杭钢股份、中电鑫龙、市北高新等多 股涨停。 AIGC类企业也纷纷发力，其中东软集团、科大讯飞涨超6%，阳光电源、东软载波、巨人网络、万润科 技涨超5%，昆仑万维、金桥信息涨超4% 无独有偶，就在隔夜，被华尔街俗称"木头姐"凯茜·伍德（Cathie Wood）披露了其方舟投资（Ark in ...

记者丨 陶力 实习生林欣宜 编辑丨朱益民 视频丨 杨浩凯 9月24日，在2025云栖大会上，阿里巴巴集团CEO吴泳铭明确阐述了AI时代下阿里云的核心战 略。 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。 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。 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（Cathie Wood）管理的方舟投资（Ark Investment）也重启对阿里巴巴(BABA.N)持仓，这也是四年来 的首次。 这意味着，美国资本市场也开始重新评估中国龙头科技公司，并展现了对阿里巴巴AI转型方向 和前景的认可。如何从电商巨头 ...