Alibaba’s Apsara Conference Opens With Capex Boost and Qwen3-Max AI Launch, Shares Surge

Tiger Newspress09-24

The Apsara Conference 2025 of Alibaba Cloud will be held in Hangzhou, China from September 24 to 26, 2025.

Alibaba shares jumped about 7% in Hong Kong and U.S. overnight trading.

The company sees global investment in artificial intelligence accelerating rapidly, Chief Executive Officer Eddie Wu told a developer conference in Hangzhou. To keep up, Alibaba will soon add to its February plan to spend more than 380 billion yuan ($53 billion) on developing AI models and infrastructure over three years.

“The industry’s development speed far exceeded what we expected, and the industry’s demand for AI infrastructure also far exceeded our anticipation,“ Wu said. “We are actively proceeding with the 380 billion investment in AI infrastructure, and plan to add more.”

Alongside the presentation, Alibaba also officially unveiled its new Qwen3-Max large language model and a series of other improvements to its suite of AI offerings. Wu said the company, still best known as China’s e-commerce pioneer, is looking to become a “full-stack AI service provider.” That includes selling AI products like model-as-a-service and platform-as-a-service to suit various needs.

Refocusing the business around artificial intelligence has started bearing fruit for Wu and Alibaba. In the most recent quarter, the Hangzhou-based company reported triple-digit growth in its AI-related products. Its Cloud Intelligence division also posted a better-than-expected 26% jump in sales, making it the group’s fastest-growing business unit. Investors have cheered these results and initiatives, sending the company’s stock to more than double its price over the course of this year.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

AcidIce
09-24
AcidIce
When earlier few months back Alibaba supposed to go up it didn't! But now only just some small news on AI it hyper jumped up! Faints!
ZhongRenChun
09-24
ZhongRenChun
ASI is impossible to control. And could lead to human extinction like terminator. So ASI should not be a goal. ASI IS a risk to be avoided. Even AGI will most likely lead to ASI, and so AGI is also a risk to be avoided. We should not purse this unless we find a way to control it. But we are nowhere near that yet. We should focus on building weak AI which is the only safe controllable AI.

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Investors have cheered these results and initiatives, sending the company’s stock to more than double its price over the course of this year.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba’s Apsara Conference Opens With Capex Boost and Qwen3-Max AI Launch, Shares Surge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba’s Apsara Conference Opens With Capex Boost and Qwen3-Max AI Launch, Shares Surge\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2025-09-24 10:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Apsara Conference 2025 of Alibaba Cloud will be held in Hangzhou, China from <em>September 24 to 26, 2025</em>.</p><p>Alibaba shares jumped about 7% in Hong Kong and U.S. overnight trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/07e7fe4c2508ddb69d7413e3ca083419\" title=\"\" tg-width=\"395\" tg-height=\"131\"/></p><p style=\"text-align: start;\">The company sees global investment in artificial intelligence accelerating rapidly, Chief Executive Officer Eddie Wu told a developer conference in Hangzhou. 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To keep up, Alibaba will soon add to its February plan to spend more than 380 billion yuan ($53 billion) on developing AI models and infrastructure over three years.“The industry’s development speed far exceeded what we expected, and the industry’s demand for AI infrastructure also far exceeded our anticipation,“ Wu said. “We are actively proceeding with the 380 billion investment in AI infrastructure, and plan to add more.”Alongside the presentation, Alibaba also officially unveiled its new Qwen3-Max large language model and a series of other improvements to its suite of AI offerings. Wu said the company, still best known as China’s e-commerce pioneer, is looking to become a “full-stack AI service provider.” That includes selling AI products like model-as-a-service and platform-as-a-service to suit various needs.Refocusing the business around artificial intelligence has started bearing fruit for Wu and Alibaba. 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To keep up, Alibaba will soon add to its February plan to spend more than 380 billion yuan ($53 billion) on developing AI models and infrastructure over three years.</p><p style=\"text-align: start;\">“The industry’s development speed far exceeded what we expected, and the industry’s demand for AI infrastructure also far exceeded our anticipation,“ Wu said. “We are actively proceeding with the 380 billion investment in AI infrastructure, and plan to add more.”</p><p style=\"text-align: start;\">Alongside the presentation, Alibaba also officially unveiled its new Qwen3-Max large language model and a series of other improvements to its suite of AI offerings. Wu said the company, still best known as China’s e-commerce pioneer, is looking to become a “full-stack AI service provider.” That includes selling AI products like model-as-a-service and platform-as-a-service to suit various needs.</p><p>Refocusing the business around artificial intelligence has started bearing fruit for Wu and Alibaba. In the most recent quarter, the Hangzhou-based company reported triple-digit growth in its AI-related products. Its Cloud Intelligence division also posted a better-than-expected 26% jump in sales, making it the group’s fastest-growing business unit. Investors have cheered these results and initiatives, sending the company’s stock to more than double its price over the course of this year.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba’s Apsara Conference Opens With Capex Boost and Qwen3-Max AI Launch, Shares Surge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba’s Apsara Conference Opens With Capex Boost and Qwen3-Max AI Launch, Shares Surge\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2025-09-24 10:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Apsara Conference 2025 of Alibaba Cloud will be held in Hangzhou, China from <em>September 24 to 26, 2025</em>.</p><p>Alibaba shares jumped about 7% in Hong Kong and U.S. overnight trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/07e7fe4c2508ddb69d7413e3ca083419\" title=\"\" tg-width=\"395\" tg-height=\"131\"/></p><p style=\"text-align: start;\">The company sees global investment in artificial intelligence accelerating rapidly, Chief Executive Officer Eddie Wu told a developer conference in Hangzhou. To keep up, Alibaba will soon add to its February plan to spend more than 380 billion yuan ($53 billion) on developing AI models and infrastructure over three years.</p><p style=\"text-align: start;\">“The industry’s development speed far exceeded what we expected, and the industry’s demand for AI infrastructure also far exceeded our anticipation,“ Wu said. “We are actively proceeding with the 380 billion investment in AI infrastructure, and plan to add more.”</p><p style=\"text-align: start;\">Alongside the presentation, Alibaba also officially unveiled its new Qwen3-Max large language model and a series of other improvements to its suite of AI offerings. Wu said the company, still best known as China’s e-commerce pioneer, is looking to become a “full-stack AI service provider.” That includes selling AI products like model-as-a-service and platform-as-a-service to suit various needs.</p><p>Refocusing the business around artificial intelligence has started bearing fruit for Wu and Alibaba. In the most recent quarter, the Hangzhou-based company reported triple-digit growth in its AI-related products. Its Cloud Intelligence division also posted a better-than-expected 26% jump in sales, making it the group’s fastest-growing business unit. Investors have cheered these results and initiatives, sending the company’s stock to more than double its price over the course of this year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145556154","content_text":"The Apsara Conference 2025 of Alibaba Cloud will be held in Hangzhou, China from September 24 to 26, 2025.Alibaba shares jumped about 7% in Hong Kong and U.S. overnight trading.The company sees global investment in artificial intelligence accelerating rapidly, Chief Executive Officer Eddie Wu told a developer conference in Hangzhou. To keep up, Alibaba will soon add to its February plan to spend more than 380 billion yuan ($53 billion) on developing AI models and infrastructure over three years.“The industry’s development speed far exceeded what we expected, and the industry’s demand for AI infrastructure also far exceeded our anticipation,“ Wu said. “We are actively proceeding with the 380 billion investment in AI infrastructure, and plan to add more.”Alongside the presentation, Alibaba also officially unveiled its new Qwen3-Max large language model and a series of other improvements to its suite of AI offerings. Wu said the company, still best known as China’s e-commerce pioneer, is looking to become a “full-stack AI service provider.” That includes selling AI products like model-as-a-service and platform-as-a-service to suit various needs.Refocusing the business around artificial intelligence has started bearing fruit for Wu and Alibaba. In the most recent quarter, the Hangzhou-based company reported triple-digit growth in its AI-related products. Its Cloud Intelligence division also posted a better-than-expected 26% jump in sales, making it the group’s fastest-growing business unit. Investors have cheered these results and initiatives, sending the company’s stock to more than double its price over the course of this year.","news_type":1,"symbols_score_info":{"09988":1.1,"BABA":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":482009189212976,"gmtCreate":1758684618249,"gmtModify":1758684665518,"author":{"id":"4142648172044492","authorId":"4142648172044492","name":"ZhongRenChun","avatar":"https://community-static.tradeup.com/news/626c9b2d6a6580aa7acb2f7bf1552413","vip":1,"hat":"https://static.tigerbbs.com/2b6219675842600ebb42baa43c645832","crmLevel":11,"crmLevelSwitch":1,"authorIdStr":"4142648172044492","idStr":"4142648172044492"},"htmlText":"ASI is impossible to control. And could lead to human extinction like terminator.&nbsp; &nbsp;So ASI should not be a goal. ASI IS a risk to be avoided.&nbsp; Even AGI will most likely lead to ASI,&nbsp; and so AGI is also a risk to be avoided.&nbsp; We should not purse this unless we find a way to control it.&nbsp; But we are nowhere near that yet.&nbsp;&nbsp; We should focus on building weak AI which is the only safe controllable AI.","listText":"ASI is impossible to control. And could lead to human extinction like terminator.&nbsp; &nbsp;So ASI should not be a goal. ASI IS a risk to be avoided.&nbsp; Even AGI will most likely lead to ASI,&nbsp; and so AGI is also a risk to be avoided.&nbsp; We should not purse this unless we find a way to control it.&nbsp; But we are nowhere near that yet.&nbsp;&nbsp; We should focus on building weak AI which is the only safe controllable AI.","text":"ASI is impossible to control. And could lead to human extinction like terminator. So ASI should not be a goal. ASI IS a risk to be avoided. Even AGI will most likely lead to ASI, and so AGI is also a risk to be avoided. We should not purse this unless we find a way to control it. But we are nowhere near that yet. We should focus on building weak AI which is the only safe controllable AI.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/482009189212976","repostId":1145556154,"repostType":2,"repost":{"id":"1145556154","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1758681575,"share":"https://ttm.financial/m/news/1145556154?lang=en_US&edition=fundamental","pubTime":"2025-09-24 10:39","market":"hk","language":"en","title":"Alibaba’s Apsara Conference Opens With Capex Boost and Qwen3-Max AI Launch, Shares Surge","url":"https://stock-news.laohu8.com/highlight/detail?id=1145556154","media":"Tiger Newspress","summary":"The Apsara Conference 2025 of Alibaba Cloud will be held in Hangzhou, China from September 24 to 26, 2025.","content":"<html><head></head><body><p>The Apsara Conference 2025 of Alibaba Cloud will be held in Hangzhou, China from <em>September 24 to 26, 2025</em>.</p><p>Alibaba shares jumped about 7% in Hong Kong and U.S. overnight trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/07e7fe4c2508ddb69d7413e3ca083419\" title=\"\" tg-width=\"395\" tg-height=\"131\"/></p><p style=\"text-align: start;\">The company sees global investment in artificial intelligence accelerating rapidly, Chief Executive Officer Eddie Wu told a developer conference in Hangzhou. To keep up, Alibaba will soon add to its February plan to spend more than 380 billion yuan ($53 billion) on developing AI models and infrastructure over three years.</p><p style=\"text-align: start;\">“The industry’s development speed far exceeded what we expected, and the industry’s demand for AI infrastructure also far exceeded our anticipation,“ Wu said. “We are actively proceeding with the 380 billion investment in AI infrastructure, and plan to add more.”</p><p style=\"text-align: start;\">Alongside the presentation, Alibaba also officially unveiled its new Qwen3-Max large language model and a series of other improvements to its suite of AI offerings. Wu said the company, still best known as China’s e-commerce pioneer, is looking to become a “full-stack AI service provider.” That includes selling AI products like model-as-a-service and platform-as-a-service to suit various needs.</p><p>Refocusing the business around artificial intelligence has started bearing fruit for Wu and Alibaba. In the most recent quarter, the Hangzhou-based company reported triple-digit growth in its AI-related products. Its Cloud Intelligence division also posted a better-than-expected 26% jump in sales, making it the group’s fastest-growing business unit. Investors have cheered these results and initiatives, sending the company’s stock to more than double its price over the course of this year.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba’s Apsara Conference Opens With Capex Boost and Qwen3-Max AI Launch, Shares Surge</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba’s Apsara Conference Opens With Capex Boost and Qwen3-Max AI Launch, Shares Surge\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2025-09-24 10:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The Apsara Conference 2025 of Alibaba Cloud will be held in Hangzhou, China from <em>September 24 to 26, 2025</em>.</p><p>Alibaba shares jumped about 7% in Hong Kong and U.S. overnight trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/07e7fe4c2508ddb69d7413e3ca083419\" title=\"\" tg-width=\"395\" tg-height=\"131\"/></p><p style=\"text-align: start;\">The company sees global investment in artificial intelligence accelerating rapidly, Chief Executive Officer Eddie Wu told a developer conference in Hangzhou. To keep up, Alibaba will soon add to its February plan to spend more than 380 billion yuan ($53 billion) on developing AI models and infrastructure over three years.</p><p style=\"text-align: start;\">“The industry’s development speed far exceeded what we expected, and the industry’s demand for AI infrastructure also far exceeded our anticipation,“ Wu said. “We are actively proceeding with the 380 billion investment in AI infrastructure, and plan to add more.”</p><p style=\"text-align: start;\">Alongside the presentation, Alibaba also officially unveiled its new Qwen3-Max large language model and a series of other improvements to its suite of AI offerings. Wu said the company, still best known as China’s e-commerce pioneer, is looking to become a “full-stack AI service provider.” That includes selling AI products like model-as-a-service and platform-as-a-service to suit various needs.</p><p>Refocusing the business around artificial intelligence has started bearing fruit for Wu and Alibaba. In the most recent quarter, the Hangzhou-based company reported triple-digit growth in its AI-related products. Its Cloud Intelligence division also posted a better-than-expected 26% jump in sales, making it the group’s fastest-growing business unit. Investors have cheered these results and initiatives, sending the company’s stock to more than double its price over the course of this year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145556154","content_text":"The Apsara Conference 2025 of Alibaba Cloud will be held in Hangzhou, China from September 24 to 26, 2025.Alibaba shares jumped about 7% in Hong Kong and U.S. overnight trading.The company sees global investment in artificial intelligence accelerating rapidly, Chief Executive Officer Eddie Wu told a developer conference in Hangzhou. To keep up, Alibaba will soon add to its February plan to spend more than 380 billion yuan ($53 billion) on developing AI models and infrastructure over three years.“The industry’s development speed far exceeded what we expected, and the industry’s demand for AI infrastructure also far exceeded our anticipation,“ Wu said. “We are actively proceeding with the 380 billion investment in AI infrastructure, and plan to add more.”Alongside the presentation, Alibaba also officially unveiled its new Qwen3-Max large language model and a series of other improvements to its suite of AI offerings. Wu said the company, still best known as China’s e-commerce pioneer, is looking to become a “full-stack AI service provider.” That includes selling AI products like model-as-a-service and platform-as-a-service to suit various needs.Refocusing the business around artificial intelligence has started bearing fruit for Wu and Alibaba. In the most recent quarter, the Hangzhou-based company reported triple-digit growth in its AI-related products. Its Cloud Intelligence division also posted a better-than-expected 26% jump in sales, making it the group’s fastest-growing business unit. Investors have cheered these results and initiatives, sending the company’s stock to more than double its price over the course of this year.","news_type":1,"symbols_score_info":{"09988":1.1,"BABA":1.1}},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":15,"commentSize":2,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1145556154","isCrawlerRequest":true}