Two months ago, when Qianwen re upgraded, I told you that the goal of Qianwen is to create a new Alipay and Taobao, and integrate all the capabilities of the ecological landscape into Qianwen, which can only be carried by this product. From full integration of AI upstream and downstream (chips, big models, applications) to full coverage of clothing (medicine), food, housing and transportation, Ali is the only Internet giant with a comprehensive layout, which is the largest moat and the Chinese version of AI Google. This time, Qianwen's closed-loop approach from talking to doing has updated the deep integration of the entire ecosystem. Qianwen is no longer just giving advice, but directly connecting to the underlying interfaces such as Taobao, Alipay and Gaode. With just one sentence, you can directly complete complex operations such as ordering takeout, booking flights, and applying for visas within the app. Additionally, you can integrate some government functions into the app correctly, and the free traffic brought by various government affairs can ultimately be accumulated in Qianwen. In terms of functionality, a visual decision card has also been added, transforming lengthy textual suggestions into an interactive interface for placing orders directly, greatly shortening the consumption chain. The conversion rate has increased by one level. This operation of Qianwen has preempted the AI super portal. Alibaba has broken the App Island, making Qianwen a new operating system of the Internet, replacing the original App and traditional search, and becoming the first stop of traffic. In addition to the comprehensive integration of its own business, there are platform level opportunities for intelligent agent commerce, and the monetization model has shifted from traditional traffic distribution to service commission. When AI can assist in decision-making and payment, there will be a fundamental leap in business efficiency. Cultivate habits through high-frequency C-end applications, feed back Alibaba Cloud's M-aaS ecosystem, and form a full stack collaboration of cloud, end, and business. The importance of the C-end battle is also why Alibaba wants to win the real-time retail market with a lot of money, such as high monthly viability, strong re purchase, and business connectivity. These transaction data can only obtain the maximum commercial value within the Alibaba ecosystem. A single real-time retail user may only be worth 10 yuan, but the ecological services behind it are multipliers. In other words, you are not just taking a take away user, but with the strengthening of AI, almost all the costs of an individual's Internet connection are included. Summary evaluation: This is Alibaba's use of commercial moats to launch an ecological downgrade attack on its competitors. While peers were still struggling with inference models, Alibaba had already taken the lead in completing the engineering implementation of AI agents, which was one step closer than its predecessor, Dou Bao. The key to success or failure in the future lies in whether it can break through the limitations of Alibaba's entire family bucket, integrate more third-party external ecosystems, and raise the platform's business ceiling