1月22日，百度发布并上线原生全模态大模型文心5.0正式版。该模型参数达2.4万亿，采用原生全模态统 一建模技术，具备全模态理解与生成能力，支持文本、图像、音频、视频等多种信息的输入与输出。目 前，个人用户可在文心APP、文心一言官网体验，企业与开发者可通过百度千帆平台进行调用。（智通 财经记者 吴雨欣） ...

该行认为，百度通过ERNIE5.0和千帆平台展示其在全模态AI技术和智能体基础设施领域的领先地位， 并通过应用模型赋能多行业，推动AI技术与产业深度融合，为开发者与企业提供强大的支持与创新能 力。 富瑞发布研报称，在上海ERNIE Moment大会上，百度集团-SW(09888)正式发布ERNIE5.0，并展示了其 全面的千帆智能体平台，解决了开发者在模型、工具使用、智能体开发、数据服务及智能体运营方面的 痛点。此外，应用模型赋能不同行业，数字人技术在内容、动作及面部表情方面表现尤为突出。予 以"买入"评级，目标价为176港元。 百度发布正式版ERNIE5.0，该模型在全模态理解、创意写作及指令遵循方面表现强劲，采用混合专家 架构，参数达2.4万亿，并整合基于扩散模型的生成技术以实现高质量输出，预训练周期速度提升 240%。而千帆提供全面的智能体平台，重点包括解决智能体在性能、能力及安全方面的挑战；拥有130 万个智能体，日调用量超数千万次；百度以完整服务套件脱颖而出，包括模型、工具使用、智能体开 发、数据服务及智能体环境。 ...

智通财经APP获悉，富瑞发布研报称，在上海ERNIE Moment大会上，百度集团-SW(09888)正式发布 ERNIE 5.0，并展示了其全面的千帆智能体平台，解决了开发者在模型、工具使用、智能体开发、数据 服务及智能体运营方面的痛点。此外，应用模型赋能不同行业，数字人技术在内容、动作及面部表情方 面表现尤为突出。予以"买入"评级，目标价为176港元。 百度发布正式版ERNIE 5.0，该模型在全模态理解、创意写作及指令遵循方面表现强劲，采用混合专家 架构，参数达2.4万亿，并整合基于扩散模型的生成技术以实现高质量输出，预训练周期速度提升 240%。而千帆提供全面的智能体平台，重点包括解决智能体在性能、能力及安全方面的挑战；拥有130 万个智能体，日调用量超数千万次；百度以完整服务套件脱颖而出，包括模型、工具使用、智能体开 发、数据服务及智能体环境。 该行认为，百度通过ERNIE 5.0和千帆平台展示其在全模态AI技术和智能体基础设施领域的领先地位， 并通过应用模型赋能多行业，推动AI技术与产业深度融合，为开发者与企业提供强大的支持与创新能 力。 ...

Core Viewpoint - Baidu's Wenxin Assistant has surpassed 200 million monthly active users, positioning itself alongside ByteDance's Doubao and Alibaba's Qianwen as one of the "AI three giants" [3][15]. Group 1: User Engagement and Strategy - Baidu processes over 600 million search requests daily, integrating AI into its search platform to enhance user experience without requiring users to download new applications [4][16]. - The strategy of embedding AI into the search experience allows Baidu to avoid direct competition with Doubao and Qianwen, focusing instead on the "first scene of demand" where users naturally engage with AI [5][17]. - The success of reaching 200 million monthly active users is attributed to the natural accumulation of users from the existing search traffic rather than aggressive subsidies [5][17]. Group 2: Competitive Landscape - The competitive landscape has shifted from a focus on technical specifications to who can effectively serve high-frequency scenarios [6][18]. - Baidu's advantage lies in its ability to meet users' explicit information needs, as opposed to casual interactions seen in other platforms [7][18]. - The integration of various tools within the search ecosystem allows for a seamless user experience, enhancing retention through practical applications [7][18]. Group 3: Challenges and Concerns - Despite the impressive user numbers, there are concerns regarding the quality of engagement, as many interactions are single-use and lack user stickiness compared to Doubao's average of five interactions per user [8][19]. - Baidu's ecosystem lacks strong transactional capabilities compared to Alibaba and ByteDance, making it difficult to convert user interactions into revenue [8][19]. - The perception of Baidu's technology remains weak among users, with lingering doubts about the effectiveness of Wenxin Assistant despite its technical achievements [8][19]. Group 4: Future Outlook - The ongoing competition is fundamentally about "scene sovereignty," with each player dominating different user engagement scenarios [10][21]. - Future developments could threaten Baidu's position if competitors like WeChat and Douyin expand their AI capabilities [11][22]. - The 200 million monthly active users mark a starting point for Baidu, with the real challenge being to transition users from passive engagement to active utilization of AI services [12][23].

杰富瑞发表研报指，在上海ERNIE Moment大会上，百度正式发布ERNIE 5.0，并展示了其全面的千帆 智能体平台，解决开发者在模型、工具使用、智能体开发、数据服务及智能体营运方面的痛点。此外， 应用模型赋能不同行业，数字人技术在内容、动作及面部表情方面表现尤为突出。该行认为，百度通过 ERNIE 5.0千帆平台展示其在全模态AI技术和智能体基础设施领域的领先地位，并通过应用模型赋能多 行业，推动AI技术与产业深度融合，为开发者与企业提供强大的支持与创新能力。该行予其"买入"评 级，目标价为176港元。 ...

| < W | | | 纳斯达克中国金龙指数(HXC) | | | Q | | --- | --- | --- | --- | --- | --- | --- | | | | | 01-21 09:41:46 | | | | | 7772.06 | | 昨收 | 7608.38 | 成交额 | | 0 | | 163.68 | 2.15% | 六开 | 7737.60 | 成交量 | | 0 | | 上 涨 | 0 | 4 불 | 0 | 下 跌 | | 0 | | 最高价 | 7781.05 | 市盈率 | 23.7 | 近20日 | | 1.74% | | 最低价 | 7735.85 | 市净率 | 2.24 | 今年来 | | 3.22% | | 分时 | 五日 | 日K | 周Ｋ | 月K | 更名 | (0) | | 釐加 | | | | | | | | -77-8-1.05 -- | | | | | | -2-27-96 | | 08.38 | | | | | | 0.00% | | 7435.71 | | | | | | -2.27% | | 9:30 | 11:00 | | 12:45 | 1 ...

港股百度集团(09626.HK)盘中涨幅扩大，一度涨超4%。消息面上，百度今日正式发布文心大模型5.0正 式版，其基于原生全模态建模，拥有2.4万亿参数，支持文本、图像、音频、视频等多种信息理解输 出。 港股百度集团(09626.HK)盘中涨幅扩大，一度涨超4%。消息面上，百度今日正式发布文心大模型5.0正 式版，其基于原生全模态建模，拥有2.4万亿参数，支持文本、图像、音频、视频等多种信息理解输 出。 ...

转自：证券时报 人民财讯1月22日电，港股午间收盘，恒生科技指数跌0.4%，恒生指数跌0.1%。个股方面，百度集团涨 4.16%，钧达股份涨15.02%；云知声跌7.7%，南山铝业国际跌8.64%。 转自：证券时报 人民财讯1月22日电，港股午间收盘，恒生科技指数跌0.4%，恒生指数跌0.1%。个股方面，百度集团涨 4.16%，钧达股份涨15.02%；云知声跌7.7%，南山铝业国际跌8.64%。 ...

英矽智能(03696)涨超5%再破顶，公司AI赋能肿瘤药物研发能力再获认可。 建滔系早盘走高。建滔积层板(01888)再涨超2%，高盛看好中国PCB及CCL行业。 港股恒生指数跌0.1%，跌26点，报26559点；恒生科技指数跌0.4%。港股早盘成交1316亿港元。 百度集团-SW(09888)再涨4%领涨蓝筹，百度今日正式发布文心大模型5.0正式版。 天数智芯(09903)涨超14%再创上市新高，将于1月26日发布未来三代GPGPU产品路线图。 敏实集团(00425)再涨超10%，公司受益欧洲电动车放量，公司积极切入人形机器人、液冷等赛道。 钧达股份（002865）(02865)涨超14%，拟折让约1.08%配股筹资，所得款项将用于太空光伏电池相关产 品研发等。A股涨停。 太平洋航运(02343)涨超7%创阶段新高，周三BDI指数攀升至两周高位。 中船防务（600685）(00317)涨超3%，25年度业绩预告符合市场预期，公司有望受益船舶总装资产整合 推进。 中海油服（601808）(02883)再涨超4%，将7.46亿美元债权转股权，加码挪威油气业务布局。 金斯瑞生物科技(01548)跌超6%，联营传奇 ...

Group 1 - The Hang Seng Index fell by 0.1%, down 26 points, closing at 26,559 points, while the Hang Seng Tech Index decreased by 0.4% [1] - Baidu Group (09888) led blue-chip stocks with a 4% increase following the official release of its Wenxin large model version 5.0 [1] - Tianzuo Zhixin (09903) surged over 14%, reaching a new high since its listing, with plans to release a roadmap for its next three generations of GPGPU products on January 26 [1] - Minshi Group (00425) rose over 10%, benefiting from the increase in European electric vehicle production and actively entering humanoid robots and liquid cooling sectors [1] - Junda Co., Ltd. (02865) increased by over 14%, planning to raise funds through a share placement for the development of space photovoltaic battery products [1] - Yingshi Intelligent (03696) rose over 5%, achieving a new peak as its AI-enabled tumor drug development capabilities received further recognition [1] Group 2 - Jiantao Group's stock (01888) rose over 2%, with Goldman Sachs optimistic about the Chinese PCB and CCL industries [2] - Pacific Shipping (02343) increased by over 7%, reaching a new high as the BDI index climbed to a two-week high [3] - China Shipbuilding Defense (00317) rose over 3%, with its 2025 performance forecast meeting market expectations, likely benefiting from the integration of shipbuilding assets [4] - CNOOC Services (02883) increased by over 4%, converting $746 million in debt to equity to enhance its oil and gas business in Norway [5] - Kingsray Biotechnology (01548) fell over 6%, following a significant drop of over 11% in its joint venture Legend Biotech's stock price [6] - Nanshan Aluminum International (02610) dropped over 8% due to a 6.4% discount on a rights issue, raising net proceeds of HKD 1.99 billion [7] - New stock Longqi Technology (09611) debuted with a price of HKD 32.5, up 4.84% on its first day of trading [8]