腾讯官方账号"鹅厂黑板报"发文，就涉元宝App相关谣言进行澄清。 谣言1： 抢元宝红包会导致微信闪退，余额清零。——元宝App与微信是两个独立的应用，不存在直 接导致微信闪退的技术关联。用户在元宝App内获得的任何现金红包或奖励，均受到严格的金融安全 保障，不影响账户安全。 谣言2： 元宝红包的链接有病毒，是木马。——"木马链接"和"假冒病毒"的说法，通常是不法分子 利用春节红包活动的热度，制作虚假链接进行诈骗。我们提醒用户，务必通过元宝App官方页面或可 信渠道参与红包活动，切勿点击不明来源的链接，谨防上当受骗。如遇可疑链接可以通过右上角"更 多"进行投诉。 谣言3： 使用元宝App会默认开启AI，会自动举报。——元宝严格遵循相关法律法规，所有功能的开 启和使用都遵循明确的用户授权原则，不存在"静默监控"、"默认开启AI"、"自动举报"的情况。用 户拥有完全的知情权和选择权，可以根据自身需求主动决定是否使用相关功能。 编辑：小羊 ...

Core Insights - The article discusses the challenges faced by current language models in learning from context, highlighting that even the strongest models struggle with this capability [1][2][3] Group 1: Research Findings - Tencent's research team, in collaboration with Fudan University, emphasizes that enabling large models to learn from context is more difficult than previously thought [2][3] - The team developed CL-bench, a benchmark designed to evaluate whether language models can learn new knowledge from context and apply it correctly, consisting of 500 complex contexts, 1,899 tasks, and 31,607 validation standards [3] - The top ten language models achieved an average task resolution rate of only 17.2% on CL-bench, indicating significant shortcomings in their ability to utilize context [3] Group 2: Future Implications - The research suggests that enhancing models' context learning capabilities could shift the role of humans from being primary data providers to context providers, changing the competitive landscape in AI [3][4] - The team also notes that memory management in models may become a core theme in the development of large models by 2026, potentially leading to autonomous learning capabilities [4]

来源：视频滚动新闻 港股通（沪）方面，腾讯控股、中国移动分别获净买入22.02亿港元、4.08亿港元；盈富基金净卖出额居 首，金额为25.58亿港元；港股通（深）方面，南方恒生科技、小米集团-W分别获净买入6.69亿港元、 3.29亿港元；盈富基金净卖出额居首，金额为12.05亿港元。 ...

智东西2月3日报道，刚刚，腾讯混元官网正式上线姚顺雨团队最新成果，发布了专门评测大语言模型能否从上下文（Context）中学习新知识并正确应用 的基准CL-bench。 这是姚顺雨加入腾讯混元担任首席AI科学家后，其团队首次发布研究成果，也是腾讯混元技术博客首次公开。 腾讯混元技术博客及致谢部分 大模型与人类在解决问题时关键区别为，大模型只能依赖预训练阶段的静态记忆，而人可以实时根据现场情况完成任务。腾讯混元研究团队实测发现，当 前的SOTA模型几乎都不会从上下文中学习，表现最好的GPT-5.1（high）任务成功率也仅有23.7%。 | All | OpenAl | Anthropic | Google | Alibaba | DeepSeek Moonshot | ByteDance | Tencent | All | High Reasoning | Low/No Reasoning | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Overall | | | Domain Knowledge ...

今年春节档，头部厂商也在不断升级节日特定玩法和福利，延长用户活跃周期。 北京商报记者丨程靓 图片来源：新浪微博@万代南梦宫中国 截图 从品类看，23款新游戏覆盖多元赛道，包括角色扮演（RPG）、卡牌策略、开放世界、模拟经营等。例如，在《沙石镇时光》游戏中，玩家作为一名工坊 主，将在荒漠小镇沙石镇开启重建与冒险之旅。通过探索、建造、种植、社交等多种方式，逐步振兴这片土地。此前，其PC版在Steam平台上已累计销量 突破170万份。 从厂商看，目前预计亮相的新游戏集中于中小厂商，大厂新游戏处于测试阶段的更多。例如，腾讯游戏旗下《失控进化》《奥星热浪》、完美世界 （002624）旗下《异环》、网易游戏旗下《遗忘之海》《代号：足球》等。 福利"质变"升级 2026年春节档游戏流量争夺战悄然打响。 据不完全统计，2月2日—16日（除夕夜）将有23款新游戏陆续上线。与以往不同的是，包括腾讯游戏、网易游戏和米哈游在内的游戏大厂在上线新玩法、 新福利的同时，也在寻求由量变到质变的突破，今年各家还加大了与跨界品牌的联动，以激活更大范围的消费潜力。从扎堆上新到福利升级，再到深度联 动，在业内看来，游戏行业也正从"存量博弈"向"生 ...

Core Viewpoint - The competition for game traffic during the 2026 Spring Festival is intensifying, with 23 new games set to launch between February 2 and 16, marking a shift from "stock game competition" to "ecological reconstruction" in the gaming industry [1][4]. Group 1: New Game Launches - A total of 23 new games will be released, including titles from various genres such as RPG, card strategy, open-world, and simulation [4]. - Notable new games include "Little Nightmares" by Heartfire Games, "Pam's Battle Diary" by Lilith Games, and "Survival 33 Days" by 37 Interactive Entertainment [4]. - Most of the new games are from small to medium-sized developers, while major companies like Tencent and NetEase have games in testing phases [4]. Group 2: Enhanced User Benefits - Major gaming companies are upgrading holiday-specific gameplay and benefits to extend user engagement [5]. - Tencent's "League of Legends Mobile" has launched a New Year celebration with significant discounts and exclusive skins, while "Peace Elite" has introduced new version experiences and themed rewards [5]. - NetEase's "Nirvana in Fire" has been offering free monthly cards and various in-game rewards since late January [5]. Group 3: Shift in User Demand - User demand is shifting towards "immersive experiences," prompting companies to provide richer content and benefits to meet diverse needs [6]. - The market competition is evolving from a focus on single product dimensions to a comprehensive ecological competition [6]. Group 4: Cross-Industry Collaborations - Cross-industry collaborations are becoming a norm, with games increasingly integrating into offline life [7]. - Tencent's "Delta Action" is partnering with Haidilao to launch themed packages and promotions during the Spring Festival [7]. - NetEase's "Egg Party" has collaborated with RT-Mart to create interactive treasure hunt activities and custom cakes, appealing to younger consumers [8]. Group 5: Consumer Engagement Strategies - The integration of game IP into physical consumption is creating a closed loop of "content + scene + consumption" [8]. - The aim of cross-industry collaborations is to attract potential user groups and stimulate consumption through both online and offline channels [8].

原创 投资家研究院 投资家 2026年1月29日 18:48 北京 2025年，中国股权投资行业在调整中重塑格局。 股权投资市场在持续数年的调整后，呈现冷暖交织的复杂图景。 2025年，股权投资行业在募资端呈现"总量回暖、结构分化、国资主导"的特征。投资家研究院统计显示，2025年前三季度，股权投资行业新募基金数量超 3500支，同比增长18%。这一增长主要由人民币基金驱动，其数量同比上升19%，规模占比超99%；外币基金募资则延续低迷，同比下滑55%。地域分布 上，浙江、江苏等地新募基金数量和规模位居前列。 当下，国资LP已成为股权投资行业的绝对主导力量。其中，地方引导基金、地方国资等出资占比超50%。这一格局导致人民币基金地位进一步强化。强化 背后，是政策与市场选择的"双重驱动"。一方面，国家首次将"股权投资"纳入政策框架，多地通过设立百亿级母基金协同创新。另一方面，市场化机构募 资难度加大，国资成为填补资金缺口的核心角色。 尽管募资总额回升、新募基金数量增长，但大额基金（含50亿元及以上规模）的集中度却有所下降。其中，新募集的大额基金数量约22支，同比下降 29%。新募集金额1438亿元，同比下降45% ...

版面之外，才是真相。 本文来自微信公众号： 版面之外 ，作者：画画，题图来自：AI生成 以下文章来源于版面之外 ，作者画画 版面之外 . 2025年底到2026年初的几个月里，科技圈有个现象挺耐人寻味。 没有盛大的发布会，没有官方通告，但在深圳腾讯大厦、杭州阿里西溪园区、北京字节跳动办公楼 里，指挥大模型战场的人，悄然换上了一副副年轻面孔。 先看腾讯，虽然过去一两年被认为大模型落后，但它丝毫没闲着。先是前 OpenAI 研究员姚顺雨被传 1亿年薪入职腾讯，经过几次辟谣之后，终于在去年底正式加入腾讯，头衔是首席 AI 科学家，直接 向腾讯总裁刘炽平汇报。 就在上周，清华大学计算机系博士、前新加坡Sea AI Lab高级研究科学家庞天宇也入职腾讯，负责多 模态强化学习。在腾讯这种讲究山头和资历的老牌帝国里，这俩人简直是坐着猎鹰 9 号火箭上位 的。 再看阿里。林俊旸，硕士毕业后直接加入阿里AI研究机构达摩院，成为智能计算实验室的算法专 家，专注于大模型研究。今天他已经是阿里最年轻的 P10，也是开源模型通义千问背后的核心推手。 如果你把腾讯、阿里、大模型独角兽这几家的核心人物拉出来，包括 Kimi 的杨植麟，刚被 ...

Group 1 - Alibaba's Qianwen App has launched a "Spring Festival Treat Plan" with an investment of 3 billion yuan, collaborating with various Alibaba ecosystem businesses to distribute cash red envelopes and offer free order opportunities [1] - The initiative aims to cultivate a habit among users to rely on AI for their needs, streamlining the consumer experience by allowing users to express their intentions to AI without switching between multiple apps [1] - Competing platforms like Tencent and Baidu have also initiated similar promotional activities, indicating a trend among internet companies to leverage AI for consumer engagement during the Spring Festival [1] Group 2 - AI technology is awakening demand in the consumer sector by providing personalized recommendations and reminders based on real-time data, enhancing the understanding of consumer needs [2] - The integration of AI in decision-making processes is exemplified by new functionalities in AI glasses, enabling users to make purchases with simple commands, showcasing the evolution of AI from intent understanding to service execution [3] - The growth of AI-related consumer electronics is projected, with a significant increase in sales expected by 2025, highlighting the potential for AI to drive new consumption trends [3] Group 3 - The surge in AI-driven consumer activities is supported by robust computing power, with Alibaba Cloud preparing for high traffic during the Spring Festival to ensure stable operations for Qianwen [4] - The demand for AI services during peak consumption periods is increasing, necessitating enhancements in AI computing capabilities to improve consumer experiences and reduce operational costs for businesses [4][5]

Core Insights - The article discusses the unprecedented cash red envelope competition among major internet companies during the Spring Festival, with a total investment exceeding 4 billion yuan [1] - This competition is seen as a pivotal moment in the transition from mobile internet to AI internet, with the potential to reshape the future internet ecosystem [1] Group 1: Company Strategies - Tencent announced a 1 billion yuan cash red envelope campaign through its Yuanbao app, aiming to leverage its social networks on WeChat and QQ [3] - Alibaba's Qianwen launched a 3 billion yuan Spring Festival initiative, emphasizing a wide range of services including Taobao, Alipay, and more [4] - ByteDance's Douyin set aside 300 million yuan for its red envelope campaign, integrating various platforms like Douyin and Volcano Engine to enhance user engagement [2][5] Group 2: User Engagement and Experience - Users can easily participate in Tencent's red envelope activity by downloading the Yuanbao app and completing tasks to earn more rewards [2] - Baidu's approach allows users to engage directly through the Baidu app without needing to download a separate AI application, streamlining the user experience [3] - Despite the initial excitement, Tencent's Yuanbao app faced service disruptions due to high traffic, highlighting the challenges of scaling during peak demand [8] Group 3: Market Impact and Future Outlook - The competition is expected to redefine the landscape of AI applications, with companies vying for user dependency on their AI assistants [1][6] - The focus is shifting from mere traffic acquisition to defining "scene entry" and embedding AI capabilities deeply into user experiences [6] - The success of these initiatives could determine which company gains significant control over digital traffic distribution in the coming decade [1]