Alibaba Cloud quarterly revenue reaches 25.123 billion, Zhang Yong: Tongyi Qianwen's cumulative users exceed 550,000


Alibaba Cloud recently launched Qovest, an AI investment research workbench, for professional institutional investors. Users can submit a research request in one sentence, and the system automatically retrieves data, performs in-depth analysis, and generates reports, continuously tracking at a set frequency. The investment research space can retain results, allowing research to continue and advance without starting from scratch. The official website www.qovest.cn has opened individual invite-only testing, with subscriptions available in two tiers: 99 yuan and 199 yuan per month. An enterprise edition will be launched soon.
The Alibaba Cloud Yingying team is developing the AI device QwenBook, positioned as a native intelligent agent computer, with a form similar to the Qwen tablet, still in the early trial phase, focusing on office scenarios, integrating the Qwen3.8-Max and Flash models. The product definition and hardware are self-developed, integrating the Yingying Cloud PC system and end-cloud capabilities, with a team of about 150 people.
At the 2026 Yunqi Conference, Tongyi Pingtouge launched the domestically produced AI chip Zhenwu V900, which has three times the computing power of its predecessor M890. A single cluster can be expanded to 500,000 cards, supporting advanced AI model training and inference. Alibaba stated that its chip product line is mature, with a significant increase in annual shipments expected. Wu Yongming revealed that the self-developed M890 super node is already capable of supporting large-scale model inference with up to 2 trillion parameters.
Alibaba has appointed senior AI researcher Liu Dayi Heng as the head of the Tongyi Qianwen large language model project. This change comes after multiple rounds of organizational restructuring, further clarifying the management structure of the Qwen team. The Yunqi Conference opened on Tuesday, and the official list of guests displayed Liu Dayi Heng's image prominently, second only to Group Chairman Eric Yang and Chief Executive Officer.
Qwen officially thanked Unsloth for its Qwen3.8-27B GGUF quantized version, calling it "smaller and smarter." The move sparked discussion in the open-source community, highlighting lower local deployment barriers; Qwen encourages users to try it.....