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02-24

$百度集团-SW(09888)$ 垃圾百度 80块是你应有的价值

02-06

$百度(BIDU)$ 垃圾狗都不用

01-21

赶紧退休吧战略失败

微软CEO：AI时代的核心不是“单一模型” 而是“模型编排与算力工厂”

2025-11-19

拉垮

金山软件第三季度营收24.2亿元，不及市场预期

2025-10-22

$阿里巴巴(BABA)$ 跌的太少了

2025-10-17

$阿里巴巴(BABA)$ 快跌到你该有的位置

2025-09-24

又吹牛逼

阿里巴巴正式推出其迄今为止规模最大、能力最强的模型Qwen3-Max

2025-09-12

吹牛逼

市场消息：阿里巴巴、百度使用自主研发的芯片训练人工智能模型

去老虎APP查看更多动态

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16:41","market":"us","language":"zh","title":"金山软件第三季度营收24.2亿元，不及市场预期","url":"https://stock-news.laohu8.com/highlight/detail?id=1192829930","media":"老虎资讯综合","summary":"11月19日，$金山软件(03888)$发布2025年第三季度业绩。财报显示，第三季度营收24.2亿元，预估26.3亿元；第三季度净利润2.13亿元；第三季度毛利率80％，市场预估80.4％。","content":"<html><head></head><body><p>11月19日，<a href=\"https://laohu8.com/S/03888\">金山软件</a>发布2025年第三季度业绩。财报显示，第三季度营收24.2亿元，预估26.3亿元；第三季度净利润2.13亿元；第三季度毛利率80％，市场预估80.4％。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3e005f3d429131a304916eb7f762144\" tg-width=\"761\" tg-height=\"741\"/></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>金山软件第三季度营收24.2亿元，不及市场预期</title>\n<style 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href=\"https://laohu8.com/S/03888\">金山软件</a>发布2025年第三季度业绩。财报显示，第三季度营收24.2亿元，预估26.3亿元；第三季度净利润2.13亿元；第三季度毛利率80％，市场预估80.4％。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3e005f3d429131a304916eb7f762144\" tg-width=\"761\" tg-height=\"741\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6a8642475395bb363eacb86148917e7b","relate_stocks":{"03888":"金山软件","KSFTF":"金山软件"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192829930","content_text":"11月19日，金山软件发布2025年第三季度业绩。财报显示，第三季度营收24.2亿元，预估26.3亿元；第三季度净利润2.13亿元；第三季度毛利率80％，市场预估80.4％。","news_type":1,"symbols_score_info":{"KSFTF":1.5,"03888":1.5}},"isVote":1,"tweetType":1,"viewCount":707,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":492037409681456,"gmtCreate":1761147144569,"gmtModify":1761150424510,"author":{"id":"3571741936212614","authorId":"3571741936212614","name":"77aa","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571741936212614","authorIdStr":"3571741936212614"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$阿里巴巴(BABA)$&nbsp;</a> 跌的太少了","listText":"<a href=\"https://laohu8.com/S/BABA\">$阿里巴巴(BABA)$&nbsp;</a> 跌的太少了","text":"$阿里巴巴(BABA)$ 跌的太少了","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/492037409681456","isVote":1,"tweetType":1,"viewCount":796,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":490242774049448,"gmtCreate":1760715274513,"gmtModify":1760716069501,"author":{"id":"3571741936212614","authorId":"3571741936212614","name":"77aa","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571741936212614","authorIdStr":"3571741936212614"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$阿里巴巴(BABA)$&nbsp;</a> 快跌到你该有的位置","listText":"<a href=\"https://laohu8.com/S/BABA\">$阿里巴巴(BABA)$&nbsp;</a> 快跌到你该有的位置","text":"$阿里巴巴(BABA)$ 快跌到你该有的位置","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/490242774049448","isVote":1,"tweetType":1,"viewCount":1042,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":481933973692416,"gmtCreate":1758684021833,"gmtModify":1758687119754,"author":{"id":"3571741936212614","authorId":"3571741936212614","name":"77aa","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571741936212614","authorIdStr":"3571741936212614"},"themes":[],"htmlText":"又吹牛逼","listText":"又吹牛逼","text":"又吹牛逼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/481933973692416","repostId":"1119571798","repostType":2,"repost":{"id":"1119571798","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1758682065,"share":"https://www.laohu8.com/m/news/1119571798?lang=zh_CN&edition=full","pubTime":"2025-09-24 10:47","market":"us","language":"zh","title":"阿里巴巴正式推出其迄今为止规模最大、能力最强的模型Qwen3-Max","url":"https://stock-news.laohu8.com/highlight/detail?id=1119571798","media":"老虎资讯综合","summary":"继 Qwen3-2507 系列发布之后，我们非常高兴地推出 Qwen3-Max —— 我们迄今为止规模最大、能力最强的模型。我们诚邀您通过阿里云 API 体验 Qwen3-Max-Instruct，或直接在 Qwen Chat 上进行试用。与此同时，仍在训练中的 Qwen3-Max-Thinking 已展现出非凡潜力。训练稳定性：得益于Qwen3的MoE模型结构设计，Qwen3-Max的预训练loss稳定平滑。目前，我们正在全力推进 Qwen3-Max-Thinking 的训练，期待尽快能让用户体验。同时，该模型的 API也已开放使用。","content":"<html><head></head><body><p>9月24日，阿里巴巴美股夜盘、H股均涨超7%！正式推出其迄今为止规模最大、能力最强的模型 Qwen3-Max。</p><p>据通义千问Qwen公众号消息：继 Qwen3-2507 系列发布之后，我们非常高兴地推出 Qwen3-Max —— 我们迄今为止规模最大、能力最强的模型。目前，Qwen3-Max-Instruct 的预览版在 LMArena 文本排行榜上位列第三，超越了 GPT-5-Chat。正式版本在代码能力和智能体（agent）能力方面进一步提升，在涵盖知识、推理、编程、指令遵循、人类偏好对齐、智能体任务和多语言理解的全面基准测试中均达到业界领先水平。</p><p style=\"text-align: justify;\">我们诚邀您通过阿里云 API 体验 Qwen3-Max-Instruct，或直接在 Qwen Chat 上进行试用。与此同时，仍在训练中的 Qwen3-Max-Thinking 已展现出非凡潜力。在结合工具使用并增加测试时计算资源的情况下，该“思考”版本已在 AIME 25、HMMT 等高难度推理基准测试中取得 100% 的准确率。我们期待在不久的将来向公众正式发布这一版本。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/54b7562832415c0eba46ed00e40b838a\" title=\"\" tg-width=\"1080\" tg-height=\"638\"/></p><p style=\"text-align: justify;\"><strong>Qwen3-Max-Base</strong></p><p style=\"text-align: justify;\">Qwen3-Max模型总参数超过1T，预训练使用了36T tokens。模型结构沿用了Qwen3系列的模型结构设计范式，使用了我们提出的global-batch load balancing loss。</p><ul style=\"list-style-type: square;\"><li><p><strong>训练稳定性：</strong>得益于Qwen3的MoE模型结构设计，Qwen3-Max的预训练loss稳定平滑。训练过程一气呵成，没有任何loss尖刺，也没有使用训练回退、改变数据分布等调整策略。</p></li><li><p><strong>训练高效性：</strong>在PAI-FlashMoE的高效多级流水并行策略优化下，Qwen3-Max-Base训练效率显著提升，其MFU相比Qwen2.5-Max-Base相对提升30%。在长序列训练场景中，我们进一步使用ChunkFlow策略获得了相比序列并行方案提升3倍的吞吐收益，支持Qwen3-Max 1M长上下文的训练。同时，通过SanityCheck、EasyCheckpoint、调度链路优化等多种手段，Qwen3-Max在超大规模集群上因硬件故障造成的时间损失下降为Qwen2.5-Max的五分之一。</p></li></ul><p style=\"text-align: justify;\"><strong>Qwen3-Max-Instruct</strong></p><p style=\"text-align: justify;\">Qwen3-Max-Instruct的预览版已在 LMArena 文本排行榜上稳居全球前三。正式发布版本进一步提升了其能力，尤其在代码生成与智能体表现方面表现卓越。在专注于解决现实编程挑战的基准测试 SWE-Bench Verified 上，Qwen3-Max-Instruct 取得了高达69.6分的优异成绩，稳居全球顶尖模型之列。此外，在评估智能体工具调用能力的严苛基准 Tau2-Bench 上，Qwen3-Max-Instruct 更是实现了突破性表现，以74.8分超越 Claude Opus 4与 DeepSeek-V3.1。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b7107a4ebd3aaf887d34cb3c3f82c396\" title=\"\" tg-width=\"1080\" tg-height=\"637\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79019d90d26ce62fb88fb29358d21fcf\" title=\"\" tg-width=\"1080\" tg-height=\"665\"/></p><p style=\"text-align: justify;\"><strong>Qwen3-Max-Thinking（Heavy）</strong></p><p style=\"text-align: justify;\">Qwen3-Max 的推理增强版本—— Qwen3-Max-Thinking，通过集成代码解释器并运用并行测试时计算技术，展现了前所未有的推理能力，尤其在极具挑战性的数学推理基准测试 AIME 25 和 HMMT 上，均取得了满分。目前，我们正在全力推进 Qwen3-Max-Thinking 的训练，期待尽快能让用户体验。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4cf4c8b48ef3ee2cfa0c82e494bfb396\" title=\"\" tg-width=\"1080\" tg-height=\"608\"/></p><p style=\"text-align: justify;\"><strong>使用Qwen3-Max进行开发</strong></p><p style=\"text-align: justify;\">现在，您可以在 Qwen Chat 官网（chat.qwen.ai)直接与强大的 Qwen3-Max-Instruct 模型对话，体验其卓越能力。同时，该模型的 API（模型名称为 qwen3-max）也已开放使用。</p><p>您只需按以下步骤操作，即可快速接入API：</p><p><strong>注册阿里云账号：</strong>前往阿里云官网。</p><p><strong>开通服务：</strong>激活阿里云 Model Studio。</p><p><strong>获取密钥：</strong>登录控制台，创建您的专属 APIKey。</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>阿里巴巴正式推出其迄今为止规模最大、能力最强的模型Qwen3-Max</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\">\n阿里巴巴正式推出其迄今为止规模最大、能力最强的模型Qwen3-Max\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2025-09-24 10:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>9月24日，阿里巴巴美股夜盘、H股均涨超7%！正式推出其迄今为止规模最大、能力最强的模型 Qwen3-Max。</p><p>据通义千问Qwen公众号消息：继 Qwen3-2507 系列发布之后，我们非常高兴地推出 Qwen3-Max —— 我们迄今为止规模最大、能力最强的模型。目前，Qwen3-Max-Instruct 的预览版在 LMArena 文本排行榜上位列第三，超越了 GPT-5-Chat。正式版本在代码能力和智能体（agent）能力方面进一步提升，在涵盖知识、推理、编程、指令遵循、人类偏好对齐、智能体任务和多语言理解的全面基准测试中均达到业界领先水平。</p><p style=\"text-align: justify;\">我们诚邀您通过阿里云 API 体验 Qwen3-Max-Instruct，或直接在 Qwen Chat 上进行试用。与此同时，仍在训练中的 Qwen3-Max-Thinking 已展现出非凡潜力。在结合工具使用并增加测试时计算资源的情况下，该“思考”版本已在 AIME 25、HMMT 等高难度推理基准测试中取得 100% 的准确率。我们期待在不久的将来向公众正式发布这一版本。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/54b7562832415c0eba46ed00e40b838a\" title=\"\" tg-width=\"1080\" tg-height=\"638\"/></p><p style=\"text-align: justify;\"><strong>Qwen3-Max-Base</strong></p><p style=\"text-align: justify;\">Qwen3-Max模型总参数超过1T，预训练使用了36T tokens。模型结构沿用了Qwen3系列的模型结构设计范式，使用了我们提出的global-batch load balancing loss。</p><ul style=\"list-style-type: square;\"><li><p><strong>训练稳定性：</strong>得益于Qwen3的MoE模型结构设计，Qwen3-Max的预训练loss稳定平滑。训练过程一气呵成，没有任何loss尖刺，也没有使用训练回退、改变数据分布等调整策略。</p></li><li><p><strong>训练高效性：</strong>在PAI-FlashMoE的高效多级流水并行策略优化下，Qwen3-Max-Base训练效率显著提升，其MFU相比Qwen2.5-Max-Base相对提升30%。在长序列训练场景中，我们进一步使用ChunkFlow策略获得了相比序列并行方案提升3倍的吞吐收益，支持Qwen3-Max 1M长上下文的训练。同时，通过SanityCheck、EasyCheckpoint、调度链路优化等多种手段，Qwen3-Max在超大规模集群上因硬件故障造成的时间损失下降为Qwen2.5-Max的五分之一。</p></li></ul><p style=\"text-align: justify;\"><strong>Qwen3-Max-Instruct</strong></p><p style=\"text-align: justify;\">Qwen3-Max-Instruct的预览版已在 LMArena 文本排行榜上稳居全球前三。正式发布版本进一步提升了其能力，尤其在代码生成与智能体表现方面表现卓越。在专注于解决现实编程挑战的基准测试 SWE-Bench Verified 上，Qwen3-Max-Instruct 取得了高达69.6分的优异成绩，稳居全球顶尖模型之列。此外，在评估智能体工具调用能力的严苛基准 Tau2-Bench 上，Qwen3-Max-Instruct 更是实现了突破性表现，以74.8分超越 Claude Opus 4与 DeepSeek-V3.1。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b7107a4ebd3aaf887d34cb3c3f82c396\" title=\"\" tg-width=\"1080\" tg-height=\"637\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79019d90d26ce62fb88fb29358d21fcf\" title=\"\" tg-width=\"1080\" tg-height=\"665\"/></p><p style=\"text-align: justify;\"><strong>Qwen3-Max-Thinking（Heavy）</strong></p><p style=\"text-align: justify;\">Qwen3-Max 的推理增强版本—— Qwen3-Max-Thinking，通过集成代码解释器并运用并行测试时计算技术，展现了前所未有的推理能力，尤其在极具挑战性的数学推理基准测试 AIME 25 和 HMMT 上，均取得了满分。目前，我们正在全力推进 Qwen3-Max-Thinking 的训练，期待尽快能让用户体验。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4cf4c8b48ef3ee2cfa0c82e494bfb396\" title=\"\" tg-width=\"1080\" tg-height=\"608\"/></p><p style=\"text-align: justify;\"><strong>使用Qwen3-Max进行开发</strong></p><p style=\"text-align: justify;\">现在，您可以在 Qwen Chat 官网（chat.qwen.ai)直接与强大的 Qwen3-Max-Instruct 模型对话，体验其卓越能力。同时，该模型的 API（模型名称为 qwen3-max）也已开放使用。</p><p>您只需按以下步骤操作，即可快速接入API：</p><p><strong>注册阿里云账号：</strong>前往阿里云官网。</p><p><strong>开通服务：</strong>激活阿里云 Model Studio。</p><p><strong>获取密钥：</strong>登录控制台，创建您的专属 APIKey。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7064c4d7d0e0e65c6e1138157a714384","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://mp.weixin.qq.com/s?__biz=Mzk0ODg4NDI5NA==&mid=2247485995&idx=1&sn=f5b5e198569a7d77812acebb1d5d520b&chksm=c2f02603a0e134d71cba76575fbfa3d41352e2af452d59d7280898b5b15c7da416a8a7c341ff&scene=0&xtrack=1#rd","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119571798","content_text":"9月24日，阿里巴巴美股夜盘、H股均涨超7%！正式推出其迄今为止规模最大、能力最强的模型 Qwen3-Max。据通义千问Qwen公众号消息：继 Qwen3-2507 系列发布之后，我们非常高兴地推出 Qwen3-Max —— 我们迄今为止规模最大、能力最强的模型。目前，Qwen3-Max-Instruct 的预览版在 LMArena 文本排行榜上位列第三，超越了 GPT-5-Chat。正式版本在代码能力和智能体（agent）能力方面进一步提升，在涵盖知识、推理、编程、指令遵循、人类偏好对齐、智能体任务和多语言理解的全面基准测试中均达到业界领先水平。我们诚邀您通过阿里云 API 体验 Qwen3-Max-Instruct，或直接在 Qwen Chat 上进行试用。与此同时，仍在训练中的 Qwen3-Max-Thinking 已展现出非凡潜力。在结合工具使用并增加测试时计算资源的情况下，该“思考”版本已在 AIME 25、HMMT 等高难度推理基准测试中取得 100% 的准确率。我们期待在不久的将来向公众正式发布这一版本。Qwen3-Max-BaseQwen3-Max模型总参数超过1T，预训练使用了36T tokens。模型结构沿用了Qwen3系列的模型结构设计范式，使用了我们提出的global-batch load balancing loss。训练稳定性：得益于Qwen3的MoE模型结构设计，Qwen3-Max的预训练loss稳定平滑。训练过程一气呵成，没有任何loss尖刺，也没有使用训练回退、改变数据分布等调整策略。训练高效性：在PAI-FlashMoE的高效多级流水并行策略优化下，Qwen3-Max-Base训练效率显著提升，其MFU相比Qwen2.5-Max-Base相对提升30%。在长序列训练场景中，我们进一步使用ChunkFlow策略获得了相比序列并行方案提升3倍的吞吐收益，支持Qwen3-Max 1M长上下文的训练。同时，通过SanityCheck、EasyCheckpoint、调度链路优化等多种手段，Qwen3-Max在超大规模集群上因硬件故障造成的时间损失下降为Qwen2.5-Max的五分之一。Qwen3-Max-InstructQwen3-Max-Instruct的预览版已在 LMArena 文本排行榜上稳居全球前三。正式发布版本进一步提升了其能力，尤其在代码生成与智能体表现方面表现卓越。在专注于解决现实编程挑战的基准测试 SWE-Bench Verified 上，Qwen3-Max-Instruct 取得了高达69.6分的优异成绩，稳居全球顶尖模型之列。此外，在评估智能体工具调用能力的严苛基准 Tau2-Bench 上，Qwen3-Max-Instruct 更是实现了突破性表现，以74.8分超越 Claude Opus 4与 DeepSeek-V3.1。Qwen3-Max-Thinking（Heavy）Qwen3-Max 的推理增强版本—— Qwen3-Max-Thinking，通过集成代码解释器并运用并行测试时计算技术，展现了前所未有的推理能力，尤其在极具挑战性的数学推理基准测试 AIME 25 和 HMMT 上，均取得了满分。目前，我们正在全力推进 Qwen3-Max-Thinking 的训练，期待尽快能让用户体验。使用Qwen3-Max进行开发现在，您可以在 Qwen Chat 官网（chat.qwen.ai)直接与强大的 Qwen3-Max-Instruct 模型对话，体验其卓越能力。同时，该模型的 API（模型名称为 qwen3-max）也已开放使用。您只需按以下步骤操作，即可快速接入API：注册阿里云账号：前往阿里云官网。开通服务：激活阿里云 Model Studio。获取密钥：登录控制台，创建您的专属 APIKey。","news_type":1,"symbols_score_info":{"BABA":1.1,"09988":1.1}},"isVote":1,"tweetType":1,"viewCount":1106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":477584609288560,"gmtCreate":1757607490170,"gmtModify":1757608637764,"author":{"id":"3571741936212614","authorId":"3571741936212614","name":"77aa","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571741936212614","authorIdStr":"3571741936212614"},"themes":[],"htmlText":"&nbsp;吹牛逼","listText":"&nbsp;吹牛逼","text":"吹牛逼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/477584609288560","repostId":"1199011675","repostType":2,"repost":{"id":"1199011675","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1757605896,"share":"https://www.laohu8.com/m/news/1199011675?lang=zh_CN&edition=full","pubTime":"2025-09-11 23:51","market":"us","language":"zh","title":"市场消息：阿里巴巴、百度使用自主研发的芯片训练人工智能模型","url":"https://stock-news.laohu8.com/highlight/detail?id=1199011675","media":"老虎资讯综合","summary":"阿里巴巴直线拉升。","content":"<html><head></head><body><p>周四，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>直线拉升，截至发稿涨幅超8%， <a href=\"https://laohu8.com/S/BIDU\">百度</a> 涨近5%。消息称<strong>阿里巴巴、百度使用自主研发的芯片来训练人工智能模型。</strong></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4ad1dfa27f4270aba5885dfec95e8266\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/80455325aaccaf597c796d37f65b82ed\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p></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>市场消息：阿里巴巴、百度使用自主研发的芯片训练人工智能模型</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{ 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class=\"h-time\">2025-09-11 23:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>周四，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>直线拉升，截至发稿涨幅超8%， <a href=\"https://laohu8.com/S/BIDU\">百度</a> 涨近5%。消息称<strong>阿里巴巴、百度使用自主研发的芯片来训练人工智能模型。</strong></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4ad1dfa27f4270aba5885dfec95e8266\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/80455325aaccaf597c796d37f65b82ed\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/66fa9e63945fcaa67212790e2606b678","relate_stocks":{"BIDU":"百度","BABA":"阿里巴巴"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199011675","content_text":"周四，阿里巴巴直线拉升，截至发稿涨幅超8%， 百度 涨近5%。消息称阿里巴巴、百度使用自主研发的芯片来训练人工智能模型。","news_type":1,"symbols_score_info":{"BABA":1.1,"BIDU":1.1}},"isVote":1,"tweetType":1,"viewCount":1093,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":536133267194120,"gmtCreate":1771912868714,"gmtModify":1771912896670,"author":{"id":"3571741936212614","authorId":"3571741936212614","name":"77aa","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571741936212614","authorIdStr":"3571741936212614"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/09888\">$百度集团-SW(09888)$&nbsp;</a> 垃圾百度 80块是你应有的价值","listText":"<a href=\"https://laohu8.com/S/09888\">$百度集团-SW(09888)$&nbsp;</a> 垃圾百度 80块是你应有的价值","text":"$百度集团-SW(09888)$ 垃圾百度 80块是你应有的价值","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/536133267194120","isVote":1,"tweetType":1,"viewCount":5010,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":481933973692416,"gmtCreate":1758684021833,"gmtModify":1758687119754,"author":{"id":"3571741936212614","authorId":"3571741936212614","name":"77aa","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571741936212614","authorIdStr":"3571741936212614"},"themes":[],"htmlText":"又吹牛逼","listText":"又吹牛逼","text":"又吹牛逼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/481933973692416","repostId":"1119571798","repostType":2,"repost":{"id":"1119571798","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1758682065,"share":"https://www.laohu8.com/m/news/1119571798?lang=zh_CN&edition=full","pubTime":"2025-09-24 10:47","market":"us","language":"zh","title":"阿里巴巴正式推出其迄今为止规模最大、能力最强的模型Qwen3-Max","url":"https://stock-news.laohu8.com/highlight/detail?id=1119571798","media":"老虎资讯综合","summary":"继 Qwen3-2507 系列发布之后，我们非常高兴地推出 Qwen3-Max —— 我们迄今为止规模最大、能力最强的模型。我们诚邀您通过阿里云 API 体验 Qwen3-Max-Instruct，或直接在 Qwen Chat 上进行试用。与此同时，仍在训练中的 Qwen3-Max-Thinking 已展现出非凡潜力。训练稳定性：得益于Qwen3的MoE模型结构设计，Qwen3-Max的预训练loss稳定平滑。目前，我们正在全力推进 Qwen3-Max-Thinking 的训练，期待尽快能让用户体验。同时，该模型的 API也已开放使用。","content":"<html><head></head><body><p>9月24日，阿里巴巴美股夜盘、H股均涨超7%！正式推出其迄今为止规模最大、能力最强的模型 Qwen3-Max。</p><p>据通义千问Qwen公众号消息：继 Qwen3-2507 系列发布之后，我们非常高兴地推出 Qwen3-Max —— 我们迄今为止规模最大、能力最强的模型。目前，Qwen3-Max-Instruct 的预览版在 LMArena 文本排行榜上位列第三，超越了 GPT-5-Chat。正式版本在代码能力和智能体（agent）能力方面进一步提升，在涵盖知识、推理、编程、指令遵循、人类偏好对齐、智能体任务和多语言理解的全面基准测试中均达到业界领先水平。</p><p style=\"text-align: justify;\">我们诚邀您通过阿里云 API 体验 Qwen3-Max-Instruct，或直接在 Qwen Chat 上进行试用。与此同时，仍在训练中的 Qwen3-Max-Thinking 已展现出非凡潜力。在结合工具使用并增加测试时计算资源的情况下，该“思考”版本已在 AIME 25、HMMT 等高难度推理基准测试中取得 100% 的准确率。我们期待在不久的将来向公众正式发布这一版本。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/54b7562832415c0eba46ed00e40b838a\" title=\"\" tg-width=\"1080\" tg-height=\"638\"/></p><p style=\"text-align: justify;\"><strong>Qwen3-Max-Base</strong></p><p style=\"text-align: justify;\">Qwen3-Max模型总参数超过1T，预训练使用了36T tokens。模型结构沿用了Qwen3系列的模型结构设计范式，使用了我们提出的global-batch load balancing loss。</p><ul style=\"list-style-type: square;\"><li><p><strong>训练稳定性：</strong>得益于Qwen3的MoE模型结构设计，Qwen3-Max的预训练loss稳定平滑。训练过程一气呵成，没有任何loss尖刺，也没有使用训练回退、改变数据分布等调整策略。</p></li><li><p><strong>训练高效性：</strong>在PAI-FlashMoE的高效多级流水并行策略优化下，Qwen3-Max-Base训练效率显著提升，其MFU相比Qwen2.5-Max-Base相对提升30%。在长序列训练场景中，我们进一步使用ChunkFlow策略获得了相比序列并行方案提升3倍的吞吐收益，支持Qwen3-Max 1M长上下文的训练。同时，通过SanityCheck、EasyCheckpoint、调度链路优化等多种手段，Qwen3-Max在超大规模集群上因硬件故障造成的时间损失下降为Qwen2.5-Max的五分之一。</p></li></ul><p style=\"text-align: justify;\"><strong>Qwen3-Max-Instruct</strong></p><p style=\"text-align: justify;\">Qwen3-Max-Instruct的预览版已在 LMArena 文本排行榜上稳居全球前三。正式发布版本进一步提升了其能力，尤其在代码生成与智能体表现方面表现卓越。在专注于解决现实编程挑战的基准测试 SWE-Bench Verified 上，Qwen3-Max-Instruct 取得了高达69.6分的优异成绩，稳居全球顶尖模型之列。此外，在评估智能体工具调用能力的严苛基准 Tau2-Bench 上，Qwen3-Max-Instruct 更是实现了突破性表现，以74.8分超越 Claude Opus 4与 DeepSeek-V3.1。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b7107a4ebd3aaf887d34cb3c3f82c396\" title=\"\" tg-width=\"1080\" tg-height=\"637\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79019d90d26ce62fb88fb29358d21fcf\" title=\"\" tg-width=\"1080\" tg-height=\"665\"/></p><p style=\"text-align: justify;\"><strong>Qwen3-Max-Thinking（Heavy）</strong></p><p style=\"text-align: justify;\">Qwen3-Max 的推理增强版本—— Qwen3-Max-Thinking，通过集成代码解释器并运用并行测试时计算技术，展现了前所未有的推理能力，尤其在极具挑战性的数学推理基准测试 AIME 25 和 HMMT 上，均取得了满分。目前，我们正在全力推进 Qwen3-Max-Thinking 的训练，期待尽快能让用户体验。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4cf4c8b48ef3ee2cfa0c82e494bfb396\" title=\"\" tg-width=\"1080\" tg-height=\"608\"/></p><p style=\"text-align: justify;\"><strong>使用Qwen3-Max进行开发</strong></p><p style=\"text-align: justify;\">现在，您可以在 Qwen Chat 官网（chat.qwen.ai)直接与强大的 Qwen3-Max-Instruct 模型对话，体验其卓越能力。同时，该模型的 API（模型名称为 qwen3-max）也已开放使用。</p><p>您只需按以下步骤操作，即可快速接入API：</p><p><strong>注册阿里云账号：</strong>前往阿里云官网。</p><p><strong>开通服务：</strong>激活阿里云 Model Studio。</p><p><strong>获取密钥：</strong>登录控制台，创建您的专属 APIKey。</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>阿里巴巴正式推出其迄今为止规模最大、能力最强的模型Qwen3-Max</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; 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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\">\n阿里巴巴正式推出其迄今为止规模最大、能力最强的模型Qwen3-Max\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2025-09-24 10:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>9月24日，阿里巴巴美股夜盘、H股均涨超7%！正式推出其迄今为止规模最大、能力最强的模型 Qwen3-Max。</p><p>据通义千问Qwen公众号消息：继 Qwen3-2507 系列发布之后，我们非常高兴地推出 Qwen3-Max —— 我们迄今为止规模最大、能力最强的模型。目前，Qwen3-Max-Instruct 的预览版在 LMArena 文本排行榜上位列第三，超越了 GPT-5-Chat。正式版本在代码能力和智能体（agent）能力方面进一步提升，在涵盖知识、推理、编程、指令遵循、人类偏好对齐、智能体任务和多语言理解的全面基准测试中均达到业界领先水平。</p><p style=\"text-align: justify;\">我们诚邀您通过阿里云 API 体验 Qwen3-Max-Instruct，或直接在 Qwen Chat 上进行试用。与此同时，仍在训练中的 Qwen3-Max-Thinking 已展现出非凡潜力。在结合工具使用并增加测试时计算资源的情况下，该“思考”版本已在 AIME 25、HMMT 等高难度推理基准测试中取得 100% 的准确率。我们期待在不久的将来向公众正式发布这一版本。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/54b7562832415c0eba46ed00e40b838a\" title=\"\" tg-width=\"1080\" tg-height=\"638\"/></p><p style=\"text-align: justify;\"><strong>Qwen3-Max-Base</strong></p><p style=\"text-align: justify;\">Qwen3-Max模型总参数超过1T，预训练使用了36T tokens。模型结构沿用了Qwen3系列的模型结构设计范式，使用了我们提出的global-batch load balancing loss。</p><ul style=\"list-style-type: square;\"><li><p><strong>训练稳定性：</strong>得益于Qwen3的MoE模型结构设计，Qwen3-Max的预训练loss稳定平滑。训练过程一气呵成，没有任何loss尖刺，也没有使用训练回退、改变数据分布等调整策略。</p></li><li><p><strong>训练高效性：</strong>在PAI-FlashMoE的高效多级流水并行策略优化下，Qwen3-Max-Base训练效率显著提升，其MFU相比Qwen2.5-Max-Base相对提升30%。在长序列训练场景中，我们进一步使用ChunkFlow策略获得了相比序列并行方案提升3倍的吞吐收益，支持Qwen3-Max 1M长上下文的训练。同时，通过SanityCheck、EasyCheckpoint、调度链路优化等多种手段，Qwen3-Max在超大规模集群上因硬件故障造成的时间损失下降为Qwen2.5-Max的五分之一。</p></li></ul><p style=\"text-align: justify;\"><strong>Qwen3-Max-Instruct</strong></p><p style=\"text-align: justify;\">Qwen3-Max-Instruct的预览版已在 LMArena 文本排行榜上稳居全球前三。正式发布版本进一步提升了其能力，尤其在代码生成与智能体表现方面表现卓越。在专注于解决现实编程挑战的基准测试 SWE-Bench Verified 上，Qwen3-Max-Instruct 取得了高达69.6分的优异成绩，稳居全球顶尖模型之列。此外，在评估智能体工具调用能力的严苛基准 Tau2-Bench 上，Qwen3-Max-Instruct 更是实现了突破性表现，以74.8分超越 Claude Opus 4与 DeepSeek-V3.1。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b7107a4ebd3aaf887d34cb3c3f82c396\" title=\"\" tg-width=\"1080\" tg-height=\"637\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79019d90d26ce62fb88fb29358d21fcf\" title=\"\" tg-width=\"1080\" tg-height=\"665\"/></p><p style=\"text-align: justify;\"><strong>Qwen3-Max-Thinking（Heavy）</strong></p><p style=\"text-align: justify;\">Qwen3-Max 的推理增强版本—— Qwen3-Max-Thinking，通过集成代码解释器并运用并行测试时计算技术，展现了前所未有的推理能力，尤其在极具挑战性的数学推理基准测试 AIME 25 和 HMMT 上，均取得了满分。目前，我们正在全力推进 Qwen3-Max-Thinking 的训练，期待尽快能让用户体验。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4cf4c8b48ef3ee2cfa0c82e494bfb396\" title=\"\" tg-width=\"1080\" tg-height=\"608\"/></p><p style=\"text-align: justify;\"><strong>使用Qwen3-Max进行开发</strong></p><p style=\"text-align: justify;\">现在，您可以在 Qwen Chat 官网（chat.qwen.ai)直接与强大的 Qwen3-Max-Instruct 模型对话，体验其卓越能力。同时，该模型的 API（模型名称为 qwen3-max）也已开放使用。</p><p>您只需按以下步骤操作，即可快速接入API：</p><p><strong>注册阿里云账号：</strong>前往阿里云官网。</p><p><strong>开通服务：</strong>激活阿里云 Model Studio。</p><p><strong>获取密钥：</strong>登录控制台，创建您的专属 APIKey。</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7064c4d7d0e0e65c6e1138157a714384","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://mp.weixin.qq.com/s?__biz=Mzk0ODg4NDI5NA==&mid=2247485995&idx=1&sn=f5b5e198569a7d77812acebb1d5d520b&chksm=c2f02603a0e134d71cba76575fbfa3d41352e2af452d59d7280898b5b15c7da416a8a7c341ff&scene=0&xtrack=1#rd","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119571798","content_text":"9月24日，阿里巴巴美股夜盘、H股均涨超7%！正式推出其迄今为止规模最大、能力最强的模型 Qwen3-Max。据通义千问Qwen公众号消息：继 Qwen3-2507 系列发布之后，我们非常高兴地推出 Qwen3-Max —— 我们迄今为止规模最大、能力最强的模型。目前，Qwen3-Max-Instruct 的预览版在 LMArena 文本排行榜上位列第三，超越了 GPT-5-Chat。正式版本在代码能力和智能体（agent）能力方面进一步提升，在涵盖知识、推理、编程、指令遵循、人类偏好对齐、智能体任务和多语言理解的全面基准测试中均达到业界领先水平。我们诚邀您通过阿里云 API 体验 Qwen3-Max-Instruct，或直接在 Qwen Chat 上进行试用。与此同时，仍在训练中的 Qwen3-Max-Thinking 已展现出非凡潜力。在结合工具使用并增加测试时计算资源的情况下，该“思考”版本已在 AIME 25、HMMT 等高难度推理基准测试中取得 100% 的准确率。我们期待在不久的将来向公众正式发布这一版本。Qwen3-Max-BaseQwen3-Max模型总参数超过1T，预训练使用了36T tokens。模型结构沿用了Qwen3系列的模型结构设计范式，使用了我们提出的global-batch load balancing loss。训练稳定性：得益于Qwen3的MoE模型结构设计，Qwen3-Max的预训练loss稳定平滑。训练过程一气呵成，没有任何loss尖刺，也没有使用训练回退、改变数据分布等调整策略。训练高效性：在PAI-FlashMoE的高效多级流水并行策略优化下，Qwen3-Max-Base训练效率显著提升，其MFU相比Qwen2.5-Max-Base相对提升30%。在长序列训练场景中，我们进一步使用ChunkFlow策略获得了相比序列并行方案提升3倍的吞吐收益，支持Qwen3-Max 1M长上下文的训练。同时，通过SanityCheck、EasyCheckpoint、调度链路优化等多种手段，Qwen3-Max在超大规模集群上因硬件故障造成的时间损失下降为Qwen2.5-Max的五分之一。Qwen3-Max-InstructQwen3-Max-Instruct的预览版已在 LMArena 文本排行榜上稳居全球前三。正式发布版本进一步提升了其能力，尤其在代码生成与智能体表现方面表现卓越。在专注于解决现实编程挑战的基准测试 SWE-Bench Verified 上，Qwen3-Max-Instruct 取得了高达69.6分的优异成绩，稳居全球顶尖模型之列。此外，在评估智能体工具调用能力的严苛基准 Tau2-Bench 上，Qwen3-Max-Instruct 更是实现了突破性表现，以74.8分超越 Claude Opus 4与 DeepSeek-V3.1。Qwen3-Max-Thinking（Heavy）Qwen3-Max 的推理增强版本—— Qwen3-Max-Thinking，通过集成代码解释器并运用并行测试时计算技术，展现了前所未有的推理能力，尤其在极具挑战性的数学推理基准测试 AIME 25 和 HMMT 上，均取得了满分。目前，我们正在全力推进 Qwen3-Max-Thinking 的训练，期待尽快能让用户体验。使用Qwen3-Max进行开发现在，您可以在 Qwen Chat 官网（chat.qwen.ai)直接与强大的 Qwen3-Max-Instruct 模型对话，体验其卓越能力。同时，该模型的 API（模型名称为 qwen3-max）也已开放使用。您只需按以下步骤操作，即可快速接入API：注册阿里云账号：前往阿里云官网。开通服务：激活阿里云 Model Studio。获取密钥：登录控制台，创建您的专属 APIKey。","news_type":1,"symbols_score_info":{"BABA":1.1,"09988":1.1}},"isVote":1,"tweetType":1,"viewCount":1106,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":490242774049448,"gmtCreate":1760715274513,"gmtModify":1760716069501,"author":{"id":"3571741936212614","authorId":"3571741936212614","name":"77aa","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571741936212614","authorIdStr":"3571741936212614"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BABA\">$阿里巴巴(BABA)$&nbsp;</a> 快跌到你该有的位置","listText":"<a href=\"https://laohu8.com/S/BABA\">$阿里巴巴(BABA)$&nbsp;</a> 快跌到你该有的位置","text":"$阿里巴巴(BABA)$ 快跌到你该有的位置","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/490242774049448","isVote":1,"tweetType":1,"viewCount":1042,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":477584609288560,"gmtCreate":1757607490170,"gmtModify":1757608637764,"author":{"id":"3571741936212614","authorId":"3571741936212614","name":"77aa","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571741936212614","authorIdStr":"3571741936212614"},"themes":[],"htmlText":"&nbsp;吹牛逼","listText":"&nbsp;吹牛逼","text":"吹牛逼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/477584609288560","repostId":"1199011675","repostType":2,"repost":{"id":"1199011675","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1757605896,"share":"https://www.laohu8.com/m/news/1199011675?lang=zh_CN&edition=full","pubTime":"2025-09-11 23:51","market":"us","language":"zh","title":"市场消息：阿里巴巴、百度使用自主研发的芯片训练人工智能模型","url":"https://stock-news.laohu8.com/highlight/detail?id=1199011675","media":"老虎资讯综合","summary":"阿里巴巴直线拉升。","content":"<html><head></head><body><p>周四，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>直线拉升，截至发稿涨幅超8%， <a href=\"https://laohu8.com/S/BIDU\">百度</a> 涨近5%。消息称<strong>阿里巴巴、百度使用自主研发的芯片来训练人工智能模型。</strong></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4ad1dfa27f4270aba5885dfec95e8266\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/80455325aaccaf597c796d37f65b82ed\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p></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>市场消息：阿里巴巴、百度使用自主研发的芯片训练人工智能模型</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{ 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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\">\n市场消息：阿里巴巴、百度使用自主研发的芯片训练人工智能模型\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2025-09-11 23:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>周四，<a href=\"https://laohu8.com/S/BABA\">阿里巴巴</a>直线拉升，截至发稿涨幅超8%， <a href=\"https://laohu8.com/S/BIDU\">百度</a> 涨近5%。消息称<strong>阿里巴巴、百度使用自主研发的芯片来训练人工智能模型。</strong></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4ad1dfa27f4270aba5885dfec95e8266\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/80455325aaccaf597c796d37f65b82ed\" title=\"\" tg-width=\"560\" tg-height=\"240\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/66fa9e63945fcaa67212790e2606b678","relate_stocks":{"BIDU":"百度","BABA":"阿里巴巴"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199011675","content_text":"周四，阿里巴巴直线拉升，截至发稿涨幅超8%， 百度 涨近5%。消息称阿里巴巴、百度使用自主研发的芯片来训练人工智能模型。","news_type":1,"symbols_score_info":{"BABA":1.1,"BIDU":1.1}},"isVote":1,"tweetType":1,"viewCount":1093,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":529559730177480,"gmtCreate":1770307937366,"gmtModify":1770308804074,"author":{"id":"3571741936212614","authorId":"3571741936212614","name":"77aa","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571741936212614","authorIdStr":"3571741936212614"},"themes":[],"title":"","htmlText":"<a href=\"https://laohu8.com/S/BIDU\">$百度(BIDU)$&nbsp;</a> 垃圾 狗都不用","listText":"<a href=\"https://laohu8.com/S/BIDU\">$百度(BIDU)$&nbsp;</a> 垃圾 狗都不用","text":"$百度(BIDU)$ 垃圾 狗都不用","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/529559730177480","isVote":1,"tweetType":1,"viewCount":4852,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":524247851196912,"gmtCreate":1769006079246,"gmtModify":1769006081595,"author":{"id":"3571741936212614","authorId":"3571741936212614","name":"77aa","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571741936212614","authorIdStr":"3571741936212614"},"themes":[],"title":"","htmlText":"赶紧退休吧 战略失败","listText":"赶紧退休吧 战略失败","text":"赶紧退休吧 战略失败","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/524247851196912","repostId":"2605317421","repostType":2,"repost":{"id":"2605317421","kind":"live","pubTimestamp":1768984844,"share":"https://www.laohu8.com/m/news/2605317421?lang=zh_CN&edition=full","pubTime":"2026-01-21 16:40","market":"hk","language":"zh","title":"微软CEO：AI时代的核心不是“单一模型” 而是“模型编排与算力工厂”","url":"https://stock-news.laohu8.com/highlight/detail?id=2605317421","media":"格隆汇","summary":"微软CEO表示，在AI时代，真正的战略重心不在于是否拥有单一“基础模型”，而在于算力基础设施、模型编排能力以及企业知识的深度嵌入。纳德拉指出，微软当前最核心的AI战略之一，是将Azure打造成大规模的","content":"<html><body><p>微软CEO表示，在AI时代，真正的战略重心不在于是否拥有单一“基础模型”，而在于算力基础设施、模型编排能力以及企业知识的深度嵌入。纳德拉指出，微软当前最核心的AI战略之一，是将Azure打造成大规模的“Token工厂”。随着AI应用全面铺开，算力需求呈指数级增长，云服务商必须具备建设异构基础设施集群、并通过软件提升利用率和降低总体拥有成本的能力。</p></body></html>","source":"live_gelonghui","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>微软CEO：AI时代的核心不是“单一模型” 而是“模型编排与算力工厂”</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\">\n微软CEO：AI时代的核心不是“单一模型” 而是“模型编排与算力工厂”\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-01-21 16:40 北京时间&nbsp;&nbsp;&nbsp;<a href=https://www.gelonghui.com/rss/live/live.xml><strong>格隆汇</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>微软CEO表示，在AI时代，真正的战略重心不在于是否拥有单一“基础模型”，而在于算力基础设施、模型编排能力以及企业知识的深度嵌入。纳德拉指出，微软当前最核心的AI战略之一，是将Azure打造成大规模的“Token工厂”。随着AI应用全面铺开，算力需求呈指数级增长，云服务商必须具备建设异构基础设施集群、并通过软件提升利用率和降低总体拥有成本的能力。</p>\n\n<a href=\"https://www.gelonghui.com/rss/live/live.xml\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","LU0302445910.USD":"SCHRODER ISF GLOBAL CLIMATE CHANGE EQUITY \"A\" ACC","IE00BDCRKT87.USD":"PINEBRIDGE GLOBAL DYNAMIC ASSET ALLOCATION \"ADC\" (USD) INC","LU2191332357.HKD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (HKDHDG) INC","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","LU1585245621.USD":"EASTSPRING INV GLOBAL LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC B","LU2505996681.GBP":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (GBPHDG) 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href=\"https://laohu8.com/S/03888\">金山软件</a>发布2025年第三季度业绩。财报显示，第三季度营收24.2亿元，预估26.3亿元；第三季度净利润2.13亿元；第三季度毛利率80％，市场预估80.4％。</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b3e005f3d429131a304916eb7f762144\" tg-width=\"761\" tg-height=\"741\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/6a8642475395bb363eacb86148917e7b","relate_stocks":{"03888":"金山软件","KSFTF":"金山软件"},"source_url":"","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192829930","content_text":"11月19日，金山软件发布2025年第三季度业绩。财报显示，第三季度营收24.2亿元，预估26.3亿元；第三季度净利润2.13亿元；第三季度毛利率80％，市场预估80.4％。","news_type":1,"symbols_score_info":{"KSFTF":1.5,"03888":1.5}},"isVote":1,"tweetType":1,"viewCount":707,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":492037409681456,"gmtCreate":1761147144569,"gmtModify":1761150424510,"author":{"id":"3571741936212614","authorId":"3571741936212614","name":"77aa","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571741936212614","authorIdStr":"3571741936212614"},"themes":[],"htmlText":"<a 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