这里指的是，现任美联储主席鲍威尔的任期将于明年5月届满，这意味着特朗普距离提名他自己的"美联 储掌门人"可能只剩几周时间。此前，特朗普表示已决定由谁接替鲍威尔，并将于明年初公布提名。 就目前而言，投资者最担心的是，美国股市能否在连续三年涨幅超过20%之后继续保持上涨势头。但 Lee表示，自1928年以来，该指数在连续三年如此上涨之后的第四年平均涨幅为12%，他认为这已经"相 当不错"了。 他认为，2026年的走势将与2025年类似，在年底开始反弹之前，会有一段波动期。他指出，以史为鉴， 在连续三年上涨超过20%之后，美股走势也基本如此。 Lee进一步解释称，尽管人工智能估值、可能需要一段适应美联储新主席的调整时间、对社会动荡的担 忧以及最高法院可能取消美国关税的可能性，也都是投资者担心的问题。但市场尚未完全消化美联储明 年的鸽派立场，这将是股市的一大利好因素。 12月12日，临近年末，华尔街大佬们正密集发布关于明年市场走势的预测。有"华尔街神算子"之称的、 美国投资机构Fundstrat Global Advisors的联合创始人兼研究主管Tom Lee也不例外。他预计，美股明年 将在美联储的"推波助澜"下涨 ...

Core Insights - The overseas lithium bulls are betting that energy storage systems will become a significant pillar of demand for lithium, potentially leading the market back to balance after years of oversupply [1] Group 1: Lithium Demand Trends - Analysts predict that demand for lithium from energy storage systems will outpace that from electric vehicles by 2026, with major firms like Citigroup, UBS, and Bernstein forecasting a supply shortage in the global lithium market next year [2] - The growth in energy storage demand is expected to be the "largest variable" affecting lithium demand as electric vehicle adoption matures [2] - The lithium market has faced oversupply issues in the past three years due to lower-than-expected electric vehicle demand and increased mining capacity [2] Group 2: Energy Storage as a Key Driver - The construction costs of utility-scale batteries have been decreasing, driven by economic benefits and policy requirements to integrate more clean energy, thus promoting large-scale development in the energy storage sector [3] - Data centers requiring stable power supply are also contributing to the demand for lithium, with China expected to achieve a cumulative energy storage capacity of 180 GW by 2027 [4] - Demand for lithium in the energy storage sector is projected to grow by 55% next year, significantly outpacing the 19% growth expected in the electric vehicle sector [4] Group 3: Industry Optimism and Caution - Executives from Chinese lithium production companies express optimism about the market, with expectations that global lithium demand will reach 2 million tons of lithium carbonate equivalent by 2026, nearing supply-demand balance [7] - Analysts from Bernstein are confident that production cuts and strong demand will lead to a tightening lithium market from 2026 to 2027, marking a bottoming out of the market this year [7] - However, some industry observers remain cautious, predicting that lithium supply growth will still exceed demand growth next year, highlighting a potential disconnect between battery production and installation rates [7]

Core Insights - The future AI computing landscape is likely to be characterized by coexistence rather than a single dominant player, indicating a shift towards a more diversified market [1][7][11] Group 1: Nvidia's Market Position - Nvidia has received permission to export its H200 AI chips to China, but with a stipulation that 25% of sales revenue must be paid as tax to the U.S. government [1] - Nvidia's CEO Jensen Huang expressed concerns about the company's performance, stating that even a slight miss in quarterly results could lead to significant market repercussions [1] - Nvidia's revenue from China has plummeted by 63% year-over-year, dropping from 13% to 5% of total revenue, indicating a severe market contraction [4] Group 2: Rise of Domestic Competitors - Chinese GPU companies like Moore Threads and Muxi are rapidly advancing, with Moore Threads achieving a revenue growth rate of 208.44% from 0.46 billion yuan in 2022 to an expected 4.38 billion yuan in 2024 [3] - Muxi's IPO saw a subscription rate of nearly 3000 times, highlighting strong market interest and confidence in domestic alternatives [3] - Domestic GPU firms are making significant technological strides, with Moore Threads investing over 4.3 billion yuan in R&D and achieving competitive performance metrics against Nvidia's offerings [3] Group 3: Market Dynamics and Challenges - Nvidia's stock has seen a significant decline of approximately 16% within a month, losing over 800 billion yuan in market value, despite reporting a 62% year-over-year revenue increase in Q3 [7] - The emergence of Google's TPU as a competitive threat is notable, with the TPU's cost-effectiveness and system-level optimizations posing challenges to Nvidia's market dominance [8][9] - Major tech companies are increasingly developing their own AI chips, further fragmenting the market and reducing reliance on Nvidia [10]

凤凰网科技讯12月12日，天眼查App信息显示，合肥三只狼电子商务有限公司于近日发生工商变更。原 法定代表人、执行董事兼经理于天奇卸任全部职务，改由李莹接任法定代表人并担任董事。 该公司成立于2023年2月，注册资本为100万人民币。其经营范围涵盖互联网销售、信息技术咨询服务、 软件开发等。股权穿透信息显示，该公司由合肥三只羊网络科技有限公司全资持股。 ...

Core Insights - The collaboration between拓竹 and Tencent has led to the launch of a new 3D model generator named "印你," aimed at simplifying the 3D modeling process for ordinary users through AI technology [1][2] - The underlying technology from Tencent's mixed Yuan 3D 3.0 model has improved modeling precision by three times compared to its predecessor, achieving a geometric resolution of 1536 and supporting ultra-high-definition modeling with up to 36 billion voxels [1] Group 1 - The new 3D-DiT hierarchical carving technology addresses common issues in AI-generated models, such as facial abstraction and detail blurriness, allowing for precise reconstruction of facial contours and clear presentation of sharp details like joints and mechanical edges [1] - The "印你" tool on the MakerWorld platform significantly simplifies the traditional figurine production process, enabling users to convert a 2D image into a 3D model by simply uploading a portrait [1] - The process includes generating a 2D stereoscopic image, automatic background removal, and stylization, ultimately producing a 3D model file that accurately reflects the face, clothing, and posture, ready for direct printing [1] Group 2 - The拓竹 MakerLab platform has launched 20 modeling tools, including "印你," serving over 2 million users globally [2] - This partnership signifies the acceleration of top-tier generative AI technology from laboratory settings to consumer applications, indicating a reduction in design cycles and a substantial release of personalized creative capabilities for 3D printing enthusiasts [2]

Group 1 - JD.com plans to invest 22 billion yuan over the next five years to build approximately 150,000 "Xiao Ge Zhi Jia" housing units for frontline logistics and delivery employees [1] - The new housing will be provided through leasing, self-construction, and housing security funds, with 28,000 units already provided in 145 cities [1] - Some of the "Xiao Ge Zhi Jia" units will have monthly rents below 50% of the surrounding market price [1] Group 2 - JD.com has cumulatively invested over 22 billion yuan in improving employee living conditions, with a 10 billion yuan housing security fund established in 2023, where 77% of applicants are frontline employees [2] - The company ensures 100% labor contract signing and social insurance for full-time delivery riders, along with additional benefits such as employee assistance funds and family reunion subsidies [2] - JD.com has partnered with Guangdong Province to establish the first "Modern Rider Academy," aiming to train over 100,000 riders and frontline employees in safety, mental health, and new job skills over the next three years [2][3]

凤凰网科技讯 北京时间12月12日，据《纽约时报》报道，虽然OpenAI在周四发布了"强大"新模型GPT- 5.2来回击谷歌，但是该公司在基础模型领域已几乎没有技术优势可言。 上月感恩节前夕，谷歌宣称其全新升级的AI模型Gemini 3已超越OpenAI的技术，成为全球最顶尖的AI 模型。 不到一个月，OpenAI便发布了自家的新模型GPT-5.2，并宣称这是"迄今为止在真实世界专业应用中表 现最好的模型"。OpenAI在官方博客中称，该模型在涉及计算机编程、数学与科学的多项行业标准基准 测试中均位列榜首。 但是，对许多行业专家而言，真正值得关注的是，OpenAI基础AI模型相对于其他竞争对手的技术优势 已几乎不复存在。这场日趋白热化的AI竞赛，恰恰发生在OpenAI面临严峻财务状况之极。该公司正竭 力填补其巨额支出与收入之间的惊人缺口。 先发优势丧失 2022年底，当OpenAI发布ChatGPT聊天机器人并引爆AI热潮时，这家旧金山创业公司曾对竞争对手保 持着显著领先优势，并将这一优势维持了两年多。然而在过去12个月里，美国和中国多家公司开发的技 术已能媲美甚至超越OpenAI的顶尖模型。 "构建基础模型 ...

据新华社消息，中央经济工作会议12月10日至11日在北京举行。会议分析当前经济形势，部署2026年经济工作。 对于明年房地产市场的定调，会议提出"着力稳定房地产市场"。这是继2024年中央经济工作会议提出"持续用力推动房地产市场止跌回稳"后，中 央经济工作会议再次强调"稳楼市"。 首都经济贸易大学京津冀房地产研究院院长赵秀池指出，从内容来看，房地产的内容放到了明年工作的第八个重点工作中，即"坚持守牢底线，积 极稳妥化解重点领域风险"，亮点主要体现在稳定房地产市场、优供给、好房子建设上。 "稳楼市"政策目标不变 会议提出，坚持守牢底线，积极稳妥化解重点领域风险。着力稳定房地产市场，因城施策控增量、去库存、优供给，鼓励收购存量商品房重点用 于保障性住房等。 根据易居研究院全国百城库存报告，2025年11月，全国百城新建商品住宅去库存周期（存销比）达27.4个月，较行业合理值增加近一倍，去化速 度明显放缓。上海易居房地产研究院副院长严跃进提及，此次是时隔9年再提去库存。上一次中央经济工作会议提及"去库存"是在2016年，彼时主 要针对三四线城市库存过多问题。 "从大方向来看，一线城市去库存的压力相对较小，但在优化供 ...

艾格周四在接受CNBC采访时表示，这项合作为迪士尼提供了进入一个快速增长技术领域的契机。"这 确实给了我们一个机会，让我们能参与到AI及新型媒体娱乐形式这种真正令人惊叹的增长中去。"他表 示。 长期以来，迪士尼一直严格保护其经典角色和故事版权，其CEO艾格在好莱坞也被公认为创意内容的捍 卫者。然而，与许多娱乐公司一样，迪士尼正面临用户参与度增长的瓶颈。尽管内容投入持续增加，但 过去几年用户使用流媒体服务的时间却基本停滞。相比之下，社交媒体和用户生成内容的热度仍在持续 攀升。迪士尼与OpenAI的合作，旨在提供新的方式让用户与其知名IP互动，吸引用户在迪士尼平台上 投入更多时间。 艾格一直将迪士尼定位为亲科技公司。他在谈到与OpenAI的交易时称，他宁愿主动参与技术创新，也 不愿被技术颠覆。 "我们认为这实际上是一种让我们融入时代发展的方式，而非被其伤害。"艾格表示。他还指出，这项合 作协议也是迪士尼参与社交媒体平台上用户生成短视频热潮的一种途径。(作者/箫雨) 迪士尼CEO艾格 凤凰网科技讯北京时间12月12日，据《商业内幕》报道，迪士尼在周四宣布与OpenAI达成重磅授权协 议。对此，迪士尼CEO鲍勃.艾格 ...

奥特曼 OpenAI表示，GPT-5.2将提供即时版、思考版和专业版。即时版在文本生成和信息查询方面速度更快， 思考版更擅长编码和规划等结构化工作，专业版则为复杂难题提供最精准的解答。(作者/箫雨) 奥特曼周四对CNBC表示，谷歌发布的Gemini3模型对公司业绩指标的影响，没有最初担心的那么大。 他说，OpenAI预计将在明年1月退出"红色警报"状态。"我认为，当出现竞争威胁时，你会希望专注于 它，迅速应对。"奥特曼说。 凤凰网科技讯北京时间12月12日，据CNBC报道，当地时间周四，OpenAI发布了最新AI大模型GPT- 5.2，以应对势头迅猛的谷歌Gemini3。 面对Gemini3带来的威胁，OpenAI CEO萨姆.奥特曼(Sam Altman)在公司内部拉响了"红色警报"，集中资 源改进ChatGPT。不过，根据奥特曼的说法，谷歌Gemini3对OpenAI的影响没有想象中那么大。 ...