2月26日，阿里巴巴-W盘中大涨5.05%，报135.9港元，成交额达53.2亿港元，引起市场广泛关注。
主要利好消息是，阿里巴巴集团将加码投资AI基础设施建设。该集团2025财年第三季度财报显示，AI相关产品收入连续6个季度实现三位数增长，表明AI业务快速增长。阿里管理层宣布，未来3年集团在云和AI基础设施投入预计将超过过去10年总和。
而且，近期阿里云旗下视觉生成基座模型万相2.1开源，采用宽松的许可协议并支持视频生成任务，表现优于国内外同类模型。此举有利于推动AI技术应用普及。
业内人士认为，DeepSeek的成功让国内主流云计算公司看到AI应用爆发的机遇。与海外ChatGPT现象类似，国内互联网企业也将加大算力投入，促进整个AI产业链发展。作为云计算巨头，阿里肯定希望抓住这一历史性机遇。
不过，市场对于国内AI产业发展仍有顾虑，因为美国出口管制可能限制部分 AI 算力发展。总体而言，DeepSeek带动的AI浪潮利好阿里等科技股，但中美科技博弈的不确定因素也需要警惕。
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