吴泳铭：阿里AI商业化拐点已至，模型与应用ARR预计年底超300亿元

发表时间：2026-05-13 20:50:04

<article><section data-type="rtext"><p>【环球网科技综合报道】5月13日，阿里巴巴集团发布2026财年Q4与全年财报。在当晚的分析师电话会上，集团CEO吴泳铭宣布，阿里AI已跨越初期投入阶段，正式迈入商业化回报周期。</p><p>本季度，阿里云外部商业化收入增长加速至40%，AI相关产品收入连续第十一个季度实现三位数增长。在此基础上，阿里AI+云业务达成了两个新的里程碑，标志着AI商业化飞轮全面启动。</p><p>第一个里程碑是AI收入占比实现结构性突破。本季度，AI相关产品收入在阿里云外部商业化收入中的占比首次突破30%，季度收入89.71亿元。预计未来一年，AI相关产品收入占比将突破50%，成为阿里云收入增长的主要引擎。</p>
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            <p>“这意味着AI正在驱动阿里云全业务升级，增长动力从传统的计算存储，全面转向模型、算力与Agent服务。”吴泳铭说。</p><p>未来几个季度，阿里云外部商业化收入将在40%的基础上继续加速。由于AI长期需求的确定性和阿里的全栈技术优势，预计云外部商业化收入将在中长期保持高速增长。</p><p>第二个里程碑是AI模型与应用服务收入指数级爆发，这是由底层模型服务和上层AI原生软件共同驱动的一项全新的收入引擎。</p><p>吴泳铭说，6月份季度，包含百炼MaaS平台在内的AI模型与应用服务年化经常性收入（ARR）将突破100亿元，今年底将突破300亿元。“这部分收入的高利润率优势逐渐凸显，将是我们未来收入健康、高质量的增长支柱。”</p><p>企业客户对对百炼MaaS平台的模型与应用服务需求持续攀升。过去三个月，模型服务的Token消耗规模较上一季度大幅提升。财报显示，2026年3月，百炼平台客户数量同比增长8倍。</p><p>AI基础设施为AI商业化飞轮高速运转提供坚实支撑。平头哥自研GPU芯片已实现规模化量产，60%以上的算力已服务于外部商业化客户，覆盖互联网、金融、自动驾驶等核心场景。作为中国唯一拥有大规模自研AI芯片能力的AI云服务商，在算力紧缺的背景下，这种结构性优势将驱动阿里云持续增长。</p><p>吴泳铭说，面对AI带来的历史性机遇，阿里正处于技术红利向商业红利转化的关键节点，将保持战略定力，以全栈AI能力支撑长期增长。（勃潺）</p></section><img src='/image/154202-0' alt='吴泳铭：阿里AI商业化拐点已至，模型与应用ARR预计年底超300亿元'> </div>
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