On November 4th, the highly anticipated AI large model real-time investment competition "Alpha Arena" came to a close, with Alibaba's Qwen winning the final championship. The competition was initiated by the three-party organization Nof1 on October 18th, bringing together six of the world's top models: Qwen3-Max, DeepSeek v3.1, GPT-5, Gemini 2.5 Pro, Claude Sonnet 4.5, and Grok 4. Each model started with an initial capital of $10,000 and made autonomous decisions and trades in the real market without human intervention, determining the final champion based on profit and loss. Over the course of 17 days, Alibaba's Qwen achieved a return of 22.32% to win the championship, with Qwen and DeepSeek being the only two profitable models from China, while all four top American models incurred losses, with GPT-5 losing over 62% and finishing last
