2025.11. 04 本文字数：1379，阅读时长大约2分钟 作者 | 第一财经 刘晓洁 历时17天，AI大模型投资比赛"Alpha Arena"结果出炉，两个中国大模型夺得冠亚军，也是所有模型中唯二两个赚钱的，四大美国头部模型均亏损， GPT-5亏损超62%垫底。 | OVERALL STATS | ADVANCED ANALYTICS | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | RANK MODEL | | ACCT VALUE J | RETURN % | TOTAL P&L | FEES | WIN RATE | BIGGEST WIN | BIGGEST LOSS | SHARPE | TRADES | | J | > QWEN3 MAX | $12,232 | +22.32$2,232 | $1,654 | 30.2$8,176 | -$1,728 | 0.273 | 43 | | 2 | DEEPSEEK CHAT V3.1 |$10,489 ...