Core Insights - The article discusses the shift in AI from training to inference, highlighting that inference is now surpassing training in terms of power consumption and importance in the industry [22][24]. - The focus is on the evolution of AI technology, particularly in China, where companies like Yuntian Lifei are building their own AI technology systems by investing in both algorithms and chips [5][6]. Group 1: AI Industry Evolution - The AI industry has undergone significant changes since 2014, with a notable acceleration in the pace of technological development, particularly with the advent of large models [18][20]. - The demand for inference capabilities has increased dramatically, with a reported growth of nearly 100 times from last year to this year [8][28]. - By the end of 2024, it is expected that domestic AI chips will account for over 50% of the AI chip market in China, surpassing non-domestic high-end GPUs [28][24]. Group 2: Yuntian Lifei's Strategy - Yuntian Lifei has adopted a dual approach of focusing on both algorithms and chips, which has allowed the company to navigate the complexities of the AI landscape effectively [5][6]. - The company emphasizes the importance of integrating into existing ecosystems, particularly the CUDA ecosystem, to reduce adaptation costs for clients [8][9]. - Yuntian Lifei aims to enhance its core capabilities in inference, ensuring that its technology is both reusable and deliverable, thereby providing clear value to customers [13][31]. Group 3: Challenges and Opportunities - The primary challenge facing AI inference is the cost, as companies strive to make AI more precise while managing expenses [11][12]. - The article highlights the need for a robust ecosystem that supports the integration of various technologies, including the development of standards and protocols for AI chips [12][30]. - The future of AI infrastructure is expected to move towards heterogeneity and high cost-effectiveness, addressing the performance-cost-accuracy trade-off [39][41].

所以，龙岗的意义不在于"区级体量"，而在于它让外界更容易看懂：云天励飞讲推理芯片，不是为了讲 故事，而是为了在真实系统里解决成本和效率的硬问题。行业最热闹的时候，大家争的是注意力；真正 进入常态化运行，争的才是单位成本与可控交付。后者往往决定长跑的名次，而这一次，云天励飞拿到 的恰恰是进入长跑赛道的强信号。 日前，云天励飞中标1.22亿元龙岗AI一期项目，重点负责建设城市治理智能体和机器人指挥平台两大核 心板块。很多人读这类中标信息，第一眼看的是金额，第二眼看的是场景。但对云天励飞更关键的利 好，往往藏在第三眼：这类"城市治理智能体 + 机器人指挥平台"的组合，本质上是在把一整套高频、强 实时、强约束的边缘推理需求，装进一个可以长期运转的系统里。它不只是一个区的"智慧治理"升级， 更像是把"推理芯片该怎么卖、卖给谁、用在什么强度的场景里"这三件事，拉回到一个可验证、可复制 的样板间。 更微妙的是，这类项目给云天励飞提供的并不是一次性收入的想象，而是"模板化复制"的可能性。城市 治理的痛点高度相似：高频事件、跨部门流程、视频与多源数据、强安全约束、强审计要求。只要把接 入标准、调度规则、闭环流程与运维体系沉淀成 ...

中国经济网北京12月13日讯 云天励飞(688343.SH)日前披露2025年第三季度报告。 云天励飞公开发行新股的发行费用（不含增值税）合计31,583.06万元。其中，中信证券、中信建投证券、广发证券获得承销及保荐费28,052.07万元。 云天励飞的控股股东、实际控制人为陈宁。陈宁，中国国籍，拥有美国永久居留权。 2017年至2024年，云天励飞归属于上市公司股东的净利润分别为-5464万元、-1.95亿元、-5.00亿元、-3.93亿元、-3.90亿元、-4.47亿元、-3.83亿元和-5.79 亿元；归属于上市公司股东的扣非净利润为分别为-6456万元、-2.11亿元、-3.13亿元、-4.07亿元、-4.43亿元、-5.29亿元、-5.00亿元和-6.84亿元。 | 按报告期 | 按单季度 | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 每股指标 | 24-12-31 | 23-12-31 | 22-12-31 | 21-12-31 | 20-12-31 | 15 | | 基本每股收益(元) | -1.6300 | -1. 150 ...

最新消息，目前夸克AI眼镜在立讯工厂内新增一条组装产线，产能将从下周陆续释放。夸克AI眼镜内 部人士也透露，团队最大的目标是明年1月能够充分释放产能，赶上春节消费热潮。据了解，今年11 月，夸克AI眼镜正式发布了S1、G1两个系列共六款单品。 华富人工智能ETF（515980）均衡覆盖人工智能产业算力及应用各个环节，一键布局 AI 投资。其跟踪 指数亦是全市场选股中唯一季度调仓的人工智能指数，高频跟踪产业最新发展趋势。没有股票账户的场 外投资者可以选择华富人工智能ETF联接基金（A类008020，C类008021）。 场内ETF方面，截至2025年12月12日午间收盘，中证人工智能产业指数(931071)上涨0.88%，成分股芯 原股份(688521)上涨5.61%，云天励飞(688343)上涨5.52%，润泽科技(300442)上涨5.20%，北京君正 (300223)上涨4.88%，德赛西威(002920)上涨4.51%。人工智能ETF(515980)半日收涨0.59%。 华富人工智能ETF(515980)基金经理张娅、郜哲表示，当前政策面整体偏暖，大金融利好政策稳定大盘 走势，政治局会议对明年经济工作定 ...

Core Viewpoint - The A-share market experienced a pullback on December 11, with the Shanghai Composite Index showing weakness for three consecutive days. Despite this, the Robot ETF Fund (159213) saw a net subscription of 3 million shares, indicating a capital inflow of over 3.4 million yuan [1]. Group 1: Market Performance - The Robot ETF Fund (159213) closed down by 1.79%, ending its three-day upward trend. The majority of its constituent stocks also experienced declines, with notable drops including Yuntian Lifei down over 3%, and Stone Technology and Zhongkong Technology down over 2% [1][3]. - The top ten constituent stocks of the Robot ETF Fund showed negative performance, with declines ranging from -0.59% to -3.62% across various sectors, including machinery and computer technology [4]. Group 2: Industry Developments - On December 11, the Beijing Humanoid Robot Innovation Center announced the launch of the first fully autonomous humanoid robot tour guide solution in China, which integrates various advanced capabilities for diverse applications [5]. - TrendForce's report indicated that 2026 will be a pivotal year for the commercialization of humanoid robots, with expected shipments exceeding 50,000 units, representing a year-on-year increase of over 700% [5]. Group 3: Investment Recommendations - Huolong Securities suggested that the humanoid robot sector is entering a critical phase of mass production, recommending active investment in this area. The report highlighted the strengthening logic of the robotics industry, with significant developments from both international and domestic players [6]. - Open Source Securities projected that 2026 will see a surge in the humanoid robot market, driven by major companies entering the field and supportive policies, indicating a favorable investment window [7]. Group 4: Supply Chain and Policy Insights - Tesla's supply chain is becoming clearer, with plans for standardization and mass production of its robots by 2026. This includes a timeline for production milestones and supplier confirmations [8]. - Domestic policies are also fostering rapid advancements in the humanoid robot sector, with significant investments from companies like Xiaomi and Yushun, as well as the establishment of new companies focused on humanoid robot technology [9].

在算力板卡产品方面，云天励飞于2024年推出的IPU-X6000加速卡，已面向软件企业、AI应用企业及互联网厂商等多个客户开展研发对接与生态适配。公司 在活动中提到，X6000加速卡已开始进入实际业务场景试点，为客户提供推理加速能力，并同步推进驱动、编译器及上层应用的协同调优。 （文/罗叶馨梅）12月9日，云天励飞（688343.SH）在披露的投资者关系活动记录表中介绍，公司长期专注于AI推理芯片研发与商业化，是较早提出并落地 NPU驱动AI推理芯片概念的企业之一。目前公司已完成四代NPU产品迭代，并在多领域形成典型应用示范。 公司表示，在持续迭代的过程中，围绕NPU核心架构积累了较多发明专利，并参与推动国内神经网络处理器芯片相关产业生态的标准化建设。面向下一代产 品，公司在研的Nova 500系列将全面升级自研GPNPU架构，引入3D堆叠存储与软硬协同设计，重点提升算力密度、功耗表现与开发友好度。 按照公司规划，Nova 500系列NPU将面向云边侧多场景推理需求，在保持主流生态兼容性的基础上强化模型部署效率，以更好适配大模型推理、视频分析等 长时运行负载。公司称，通过架构升级叠加工艺优化，有望在相同功耗约 ...

12月10日，云天励飞在机构调研时表示，公司是全球第一批提出NPU驱动的AI推理芯片概念并商业化 落地的公司，目前已完成四代NPU的研发和商业化。在研发过程中，公司沉淀了一系列发明专利并在多 领域形成典型应用示范，为我国神经网络处理器芯片产业标准化生态的健康、稳定发展贡献力量。目前 公司在研的Nova 500系列将全面升级GPNPU架构，通过3D堆叠存储与软硬协同设计，实现生态兼容 性、性能与能效三重提升，将更适合AI推理应用。 云天励飞于 2024 年推出的 IPU-X6000 加速卡，目前已经开始与软件企业、AI 应用企业、互联网厂商等 在内的多个客户进行研发对接、生态融合并开始商业化应用。如 2025 年11 月公司与金蝶软件达成战略 合作，双方共同打造"国产算力引擎+企业级软件生态"的融合标杆，这将有力推动公司 AI推理能力嵌入 更广泛的企业数字化流程。 当前，推理异构化"已成为行业趋势。云天励飞为此给出了算力新路径：即在四代NPU的基础上，研发 第五代GPNPU架构。核心路径是融合GPU通用性与NPU高能效，以"算力积木"设计和3D堆叠存储为核 心创新，聚焦提升资本开支Token转化率与运营开支To ...

人民财讯12月10日电，云天励飞12月9日在机构调研时表示，公司是全球第一批提出NPU驱动的AI推理 芯片概念并商业化落地的公司，目前已完成四代NPU的研发和商业化。在研发过程中，公司沉淀了一系 列发明专利并在多领域形成典型应用示范，为我国神经网络处理器芯片产业标准化生态的健康、稳定发 展贡献力量。目前公司在研的Nova500系列将全面升级GPNPU架构，通过3D堆叠存储与软硬协同设 计，实现生态兼容性、性能与能效三重提升，将更适合AI推理应用。 ...

每日经济新闻 每经AI快讯，12月10日，AI芯片板块下跌3.44%。其中，海光信息下跌5.02%，寒武纪下跌4.42%，澜起 科技下跌4.15%，铂科新材、恒烁股份、云天励飞跌超2%。 ...

Group 1 - The 20th "EY Entrepreneur Of The Year" awards were announced in Hong Kong, recognizing 12 entrepreneurs from mainland China, Hong Kong, and Macau, primarily in technology, life sciences, and advanced manufacturing sectors [1] - Notable winners include leaders from companies such as Weisheng Information, Yuntian Lifeng, Dongxin Co., Microchip Biotech, LEO Group, and Shengbang Technology, with Weisheng Information's chairwoman Li Hong being the only female recipient this year [1] - The theme of this year's awards is "Twenty Years of Unwavering Commitment, Building Dreams in the New Era," emphasizing achievements in technological innovation, industrial upgrading, and globalization [1] Group 2 - Li Hong, chairwoman of Weisheng Information, has over 20 years of experience in energy measurement and efficiency management, leading the company to significant achievements in energy IoT and digital transformation [2] - The EY Entrepreneur Of The Year award has been a vital platform connecting Chinese and global entrepreneurs since its introduction in China in 2006, highlighting the transformation of the Chinese economy from a "follower" to a "leader" [2] - The awards underscore the critical role of private enterprises in driving high-quality development and global cooperation, showcasing the strong momentum of technology companies in leading industrial transformation [2]