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"title": "阿里巴巴完成百亿美元现增 随即发表Wan3.0 AI影片生成模型",
"shortTitle": "阿里巴巴完成百亿美元现增 随即发表Wan3.0 AI影片生成",
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"description": "中国电商与云端运算龙头阿里巴巴(09988-HK)(BABA-US)周一(24日)正式推出其最新的AI影音生成模型Wan3.0，",
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"content": "<p>中国电商与云端运算龙头阿里巴巴(09988-HK)(BABA-US)周一(24日)正式推出其最新的AI影音生成模型Wan3.0，此前，这家中国网路巨头启动了约100亿美元的增发计划，以资助其不断增长的AI投入。</p>\n<p style=\"text-align:center;\"><img src=\"https://cimg.cnyes.cool/prod/news/6585407/l/484a4e47e1d9be3f8fb8c578028568ac.jpg\" alt=\"阿里巴巴完成百亿美元现增 随即发表Wan3.0 AI影片生成模型\" style=\"width:50%;height:auto;border-radius:6px;margin:15px auto;display:block;\"></p>\n\n\n<p>阿里巴巴指出，Wan3.0模型可单次生成最长 30 秒、解析度达 1080p 的影片。最独特的功能在于其多模态输入支援：使用者除了文字、图片外，还能直接汇入网页、PDF、PowerPoint(简报)等文件或试算表，直接转化为动态影片。</p>\n\n<p>在市场定位上，Wan3.0 每秒最高 0.20 美元(1080p 相当于每分钟 12 美元)的定价，大幅低于 Google Veo 3.1 每秒 0.40 美元的价格。然而，此模型并未延续以往的开源传统，而是采取「关闭权重」的闭源策略。</p>\n\n<p>科技媒体《The Next Web》作者 Ana Maria Constantin 分析指出，Wan3.0 其实是「披着创意工具外衣的商业工具」，更适合行销与企业沟通团队。她也补充，虽然阿里巴巴采取低价策略挑战龙头，但其生成品质目前尚未经过独立基准测试的检验。</p>\n\n<p>此前，阿里巴巴才刚在周日启动高达 800 亿港元(约 102 亿美元)的普通股配售(现金增资)，这创下香港上市公司史上最大规模的增资纪录。阿里巴巴表示，增资所得资金将 100% 用于投资其「全端」人工智慧(AI)能力，范畴涵盖晶片、基础建设以及 AI 模型的开发与部署。</p>\n\n<p>这项庞大的 AI 基础建设投资使阿里巴巴面临短期获利压力。受资本支出飙升影响，该公司最新一季(4 至 6 月)净利年减 75%。对此，阿里巴巴执行长吴泳铭在法说会上强调：「为了能捕捉未来的成长，我们首先需要进行这些资本支出，以建构必要的运算能力。」</p>\n\n<p>尽管支出庞大，但在需求激增推动下，其 AI 投资的回本周期预期已从 3 年缩减至 2.5 年。</p>\n<div class=\"related-articles seo-links\">\n <h4>相关阅读</h4>\n <ul>\n <li><a href=\"/new/hk/article-51.html\" title=\"金融时报：小鹏汽车正与福斯洽谈收购欧洲工厂事宜\">金融时报：小鹏汽车正与福斯洽谈收购欧洲工厂事宜</a></li>\n <li><a href=\"/new/hk/article-3548.html\" title=\"盘中速报 - 恒生科技指数上涨131.96点至4531.18点，涨幅3%\">盘中速报 - 恒生科技指数上涨131.96点至4531.18点，涨幅3%</a></li>\n <li><a href=\"/new/hk/article-5597.html\" title=\"盘中速报 - 恒生科技指数上涨155.99点至4663.03点，涨幅3.46%\">盘中速报 - 恒生科技指数上涨155.99点至4663.03点，涨幅3.46%</a></li>\n <li><a href=\"/new/hk/article-6888.html\" title=\"盘中速报 - 恒生科技指数上涨142.05点至4882.54点，涨幅3%\">盘中速报 - 恒生科技指数上涨142.05点至4882.54点，涨幅3%</a></li>\n <li><a href=\"/new/hk/article-2194.html\" title=\"盘中速报 - 恒生指数上涨484.5点至24733.79点，涨幅2%\">盘中速报 - 恒生指数上涨484.5点至24733.79点，涨幅2%</a></li>\n <li><a href=\"/new/hk/article-12476.html\" title=\"Shein敲定IPO价格区间 募资139亿港元 9/1赴港上市\">Shein敲定IPO价格区间 募资139亿港元 9/1赴港上市</a></li>\n </ul>\n</div>",
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