(Yicai) Sept. 24 -- Alibaba Group Holding's shares in Hong Kong jumped to an almost four-year high after the Chinese internet giant unveiled its new artificial intelligence achievements while its chief executive said AI models will turn into the next-generation operating system.

Alibaba [HKG: 9988] closed 9.2 percent higher at HKD174.00 (USD22.38) a share today. The stock has more than doubled this year. Its New York-listed shares [NYSE: BABA] closed 0.7 percent lower at USD163.08 each yesterday.

Alibaba unveiled Qwen3-Max, its largest-ever large language model with over 1 trillion parameters, and other members of the Qwen3 family that cover visual language and multimodal processing at the Apsara Conference, the Hangzhou-based firm's annual tech event for developers, today.

In addition, Alibaba released Fun, a family of speech LLMs equipped with advanced multilingual speech recognition and synthesis capabilities, and Lingyang AgentOne, a one-stop enterprise AI application platform that enables organizations to move from reactive response to proactive intelligence.

"In the future, large AI models will be deeply integrated into a wide range of devices, functioning like operating systems, equipped with persistent memory, seamless cloud-edge coordination, and the ability to continuously evolve," CEO Eddie Wu said at the event. "We remain committed to open-sourcing Qwen and shaping it into the 'OS of the AI era,' empowering developers around the world to build transformative AI applications."

Since the launch of Qwen's first generation in 2023, Alibaba has made over 300 AI models open source, with more than 600 million downloads and over 170,000 derivative models created, according to the company. Over 1 million firms and individuals have used Qwen on Model Studio, Alibaba's AI development platform, it added.

The penetration rate of AI will exceed that of all technologies in history, Wu noted, adding that AI models will run on all computing devices, and users from all walks of life will perform tasks using model-related tools, and natural language may become the programming language in this era.

The computing industry will shift to being centered around graphics processing units from central processing units and be driven by AI models, which will require an ultra-large-scale infrastructure and full-stack technologies, Wu said. There might only be five to six super cloud computing platforms worldwide, he added.

To realize this vision, Alibaba will firmly advance its plan to invest CNY380 billion (USD53.3 billion) in AI and cloud infrastructure over the next three years and promote the arrival of the super AI era with saturated investment, Wu pointed out.

Editors: Dou Shicong, Martin Kadiev