广东是改革开放的排头兵、先行地、实验区。2025年广东高质量发展取得丰硕成果，科技创新和产业创 新深度融合，"深圳—香港—广州"创新集群跃居全球首位。改革动力开放活力不断增强，大湾区内地九 市获批要素市场化配置综合改革试点。"十五五"时期是我国基本实现社会主义现代化夯实基础、全面发 力的关键时期，也是广东增创新优势、实现新突破的关键时期。 1月28日，广东省第十四届人民代表大会第五次会议召开地市专场记者会，邀请广州、深圳、珠海、惠 州、东莞等5个地市政府主要负责人围绕"增创新优势 实现新突破"主题回答记者提问。 广州市委副书记、市长孙志洋。 广州 硬联通+软联通+心联通 充分发挥大湾区核心引擎作用 "中央要求、湾区所向、港澳所需、广州所能。"发布会上，广州市委副书记、市长孙志洋围绕综合性门 户功能提升、新质生产力培育以及粤港澳大湾区市场一体化等核心议题，系统阐述广州发展路径。 他表示作为大湾区核心引擎，广州将以"6+4"城市性质和核心功能为主要牵引，通过强化交通枢纽等"硬 支撑"和制度环境等"软支撑"，发挥好市场、产业、创新、枢纽、开放以及场景等六大优势，全力建设 更具国际竞争力的世界城市，为大湾区建设注入强 ...

Core Viewpoint - The recent surge of AI companies going public in Shanghai reflects a well-structured ecosystem supported by strategic policies and a robust industrial foundation, indicating a significant growth trajectory for the AI sector in the region [1][10][16]. Group 1: Recent IPOs and Market Impact - MiniMax (稀宇科技) officially listed on the Hong Kong stock market on January 9, achieving a market capitalization of over 76.3 billion HKD, marking it as the largest IPO for an AI model company to date [1]. - Tian Shu Zhi Xin and Bi Ran Technology also recently went public, with Tian Shu Zhi Xin's stock price rising by 31.54% on its first day [1]. - In total, five AI companies from Shanghai have gone public within a month, showcasing the rapid growth and interest in the AI sector [1][10]. Group 2: Strategic Policy Support - The "Molding Shanghai" initiative, launched in late 2024, aims to create a world-class AI industrial ecosystem, focusing on foundational infrastructure, key productivity tools, and innovative applications [1][2]. - Shanghai's strategic agility and determination in supporting AI development are evident in its long-term planning and investment in foundational technologies like integrated circuits [5][16]. Group 3: Industry Growth and Ecosystem - The integrated circuit industry in Shanghai generated revenue of 391.2 billion CNY in the first eleven months of 2025, reflecting a year-on-year growth of 23.72% [5]. - Shanghai has established itself as a hub for AI innovation, with over 1,200 integrated circuit companies and approximately 40% of national talent in the sector [5][15]. - The "Molding Shanghai" initiative includes the establishment of public service platforms to support AI development, such as the Shanghai Intelligent Computing Public Service Platform [5]. Group 4: Technological Advancements - MiniMax is recognized for its comprehensive research in text, video, and voice modalities, boasting over 212 million users across more than 200 countries [7]. - The AI landscape in Shanghai features a development framework of "1 open-source base model + 3 commercial base models + N innovative models," positioning it competitively on an international scale [7][8]. - Companies like Yingxi Intelligent are leveraging AI for drug development, significantly reducing the drug discovery cycle from an industry average of 4.5 years to 12-18 months [8]. Group 5: Future Outlook - Shanghai's AI industry is projected to exceed 550 billion CNY in scale by 2025, with an expected growth rate of over 30% [16]. - The city is fostering a comprehensive ecosystem that integrates various sectors, ensuring a cohesive approach to AI development and innovation [16].

去年年初国产大模型深度求索（DeepSeek）的横空出世，让资本市场掀起了人工智能（AI）投资 热潮。 银河证券认为，当前AI市场呈现出复杂特征。一方面，以"AI+"为核心的科技革命是确定性产业趋 势，巨额资本的持续注入既反映了全球对技术突破与未来价值的共识，也反映出技术迭代真实发生、应 用需求切实存在、产业逻辑清晰可循；另一方面，AI龙头公司估值屡创新高，产业链各环节资本开支 也空前高涨。但整体来看，当前AI资本市场相较于2000年互联网泡沫时期，更偏向于产业革命的早 期。 展望AI投资机会 展望未来，中国经济格局正在迅速转变。2025年10月发布的"十五五"规划建议强调发展新质生产 力，加快先进制造、AI、航空航天、可再生能源和量子科技等领域的发展。 具体投资方面，平安基金研究总监兼基金经理张晓泉表示，预计今年AI的硬件端表现将优于应用 端。他认为，虽然AI取得了重大进展，但是目前全球最领先的模型仍未能达到AGI程度，因此，AI应用 落地仍存在不确定性。反观模型优化与迭代依然是相对确定趋势，而模型能力的持续提升本质上仍依赖 于底层AI硬件的持续投入与升级。 随着2025年国家出台一系列支持人工智能发展的政 ...

Core Insights - The International Experience Design Conference (IXDC) reflects on the successful 2025 event focused on "Human-Machine Symbiosis," highlighting the participation of global designers and technology experts [3][4] - IXDC aims to continue exploring the theme of "Human-Machine Symbiosis: Creating Warm Intelligent Experiences" in 2026, addressing eight key topics including industry empowerment, product strategy, and ethical governance [4][5] Group 1 - The 2025 IXDC conference was marked by deep dialogues among participants from various countries, emphasizing the importance of human warmth in technology [3][4] - Feedback from attendees indicated high satisfaction with the conference's theme and guest speakers, showcasing the evolving nature of the experience design industry [3][4] - The conference featured discussions on how AI can empower experience transformation while maintaining a human-centric approach [4] Group 2 - IXDC's 2026 agenda will focus on creating intelligent experiences that understand human needs, promoting empathy in algorithms and respectful interactions [4][5] - The conference aims to build an open platform for cross-disciplinary collaboration, inviting contributions from various sectors including business, academia, and independent teams [4][5] - The organization encourages ongoing exploration of AI and human collaboration, aiming to drive social and commercial progress through design thinking [5]

| 代码 | 名称 | 最新价 | 涨跌幅 √ | 涨跌额 | 成交额 | | --- | --- | --- | --- | --- | --- | | IZM | 拍明芯城 | 2.280 | 26.67% | +0.480 | 188.2万 | | ELOG | 东源全球股份 | 1.650 | 16.20% | +0.230 | 8420.39万 | | UPC | 大自然药业 | 4.285 | 14.88% | +0.555 | 46.74万 | | AIFU | 智能未来 | 2.900 | 14.85% | +0.375 | 22.31万 | | YOUL | 优蓝国际 | 1.620 | 14.08% | +0.200 | 27.7万 | 格隆汇12月25日｜中概股收盘涨幅居前的个股为：拍明芯城涨26.67%，东源全球股份涨16.2%，大自然 药业涨14.88%，智能未来涨14.85%，优蓝国际涨14.08%。(格隆汇) ...

Core Viewpoint - The article discusses the potential emergence of four new job roles in the age of artificial intelligence (AI), highlighting the opportunities that AI technology may create despite concerns about job displacement. Group 1: New Job Roles - The first potential job is "AI Interpreter," responsible for explaining complex AI algorithms to non-experts, such as managers and legal authorities, especially in critical situations like liability assessments in autonomous vehicle accidents [1]. - The second role is "AI Selection Consultant," who assists businesses in choosing the appropriate AI systems by evaluating different AI technologies and their applications, which is crucial for the success of AI implementation [2]. - The third emerging role is "AI Auditor" and "Cleaner," tasked with identifying and correcting misinformation generated by AI systems, ensuring fairness in outputs, particularly in sensitive areas like hiring and lending [3]. - The fourth potential job is "AI Trainer," who customizes training programs for employees based on their learning styles and paces, addressing the growing demand for AI education across various industries [4]. Group 2: Future Implications - The article suggests that these four roles may only be the beginning, as the integration of AI into society is likely to create even more job opportunities in fields that do not currently exist [4].

编辑丨刘雪莹 美东时间周四，美股三大指数集体高开，科技股普涨，美光科技股价狂飙，热门中概股多数上涨，黄金 白银短线走低。消息面上，美国11月CPI数据爆冷。 记者丨曾静娇 截至北京时间23:14，道琼斯指数涨0.51%，标普500指数涨0.78%，纳斯达克综合指数涨1.07%。 科技股普涨，美光科技狂飙，盘前涨幅最高达16%；闪迪大涨近7%，特斯拉涨超2%，英伟达、谷歌涨 超1%。 消息面上，据智通财经报道，美光科技第二财季营收展望为183亿至191亿美元，公司的最新业绩及业绩 指引均大幅超出分析师预期。今年以来，存储芯片需求居高不下推动美光股价一路走高，年内涨幅已高 达约160%。 | W | | | 美光科技(MICRON TECHNOLOG | | | | --- | --- | --- | --- | --- | --- | | | | | MU.O | | | | 249.180 | 量 2680.6万 | | 股本 | 11.24亿 市盈 " | 32.8 万得 | | 23.660 10.49% | 换 2.38% | | 市值 | 2801亿 市净 | 第二 4.76 | | A TERRY ...

Core Viewpoint - Smart Future (AIFU) experienced a stock price increase of 4.32% on December 15, closing at $3.14 per share, with a total market capitalization of $49.83 million [1] Financial Performance - As of June 30, 2025, Smart Future reported total revenue of 297 million RMB, representing a year-on-year decrease of 66.99% [1] - The company recorded a net profit attributable to shareholders of -466 million RMB, reflecting a staggering year-on-year decline of 7197.06% [1] Company Background - Smart Future Limited was founded in 1998 in Guangzhou and has developed into a leading independent third-party comprehensive financial services company in China [1] - The company offers a diverse range of financial and value-added services to both individual and corporate clients through its extensive business segments [1]

Core Insights - The MEET2026 Smart Future Conference held on December 10 in Beijing focused on the theme "Symbiosis Without Boundaries, Smart Future" and gathered nearly 30 industry leaders to discuss the latest advancements and future trends in AI technology [1] Academic and Research Frontiers - Keynote speakers from academia included Zhang Yaqin, who discussed the integration of information, physical, and biological intelligence as the essence of the new wave of AI [3] - Wang Zhongyuan emphasized the transition from the digital world to the physical world in AI applications [3] - Sun Maosong provided insights on generative AI and large models, addressing development trends and core challenges [3][4] Industry Technology Ecosystem - The conference showcased a complete chain from computing power to industry applications, highlighting practical advancements in AI [5] - Baidu's VP Wang Ying presented breakthroughs in large model technology and applications in content production and organizational intelligence [5] - Google Cloud's Dennis Yue discussed empowering startups for efficient global expansion through AI [5] - Ant Group's Zhao Junbo focused on innovations in large models and synthetic data technology [5] - Xiaomi's Daniel Povey compared AI development to biological evolution, sharing insights on future AI research [5] Emerging Innovative Forces - New startups presented innovative perspectives on AI hardware, embodied intelligence, and enterprise AI [8] - Zhaocai from Zhuoshijia Technology discussed the commercialization of industry models and applications [8] - Qiao Liang from Taichu Yuqi elaborated on the evolution of high-performance computing systems in the AI era [8] Additional Insights - The conference also featured a report on the "Top 10 AI Trends for 2025," providing industry insights and value references [10]

Core Insights - The conference "Horizon Together 2025" focuses on the transition of smart driving from commercialization to widespread adoption, emphasizing collaboration among industry leaders [1][3] - Dr. Yu Kai, CEO of Horizon, highlighted the company's journey from "high aspirations" to "collaborative growth," aiming to democratize advanced technology for a broader audience [3][5] Group 1: Technological Advancements - Horizon has introduced three technological pillars: BPU®, compilers, and algorithms, which are essential for driving advancements in smart driving and robotics [3][10] - The newly released fourth-generation BPU architecture, named Riemann, boasts a tenfold increase in key operator computing power and supports full floating-point calculations, enhancing efficiency for large language models [14][16] - The compiler technology has evolved into an "AI-driven compilation" era, significantly improving compilation speed and model performance [14][16] Group 2: Market Strategy and Collaboration - Horizon is transitioning from a traditional model to an "HSD Together" algorithm service model, allowing partners to focus on their strengths while Horizon provides comprehensive algorithm services [20][21] - The company aims to reduce the time and costs associated with product development by 90% through this collaborative approach, enabling more companies to leverage advanced smart driving capabilities [20][21] - Horizon's products have achieved significant market penetration, with the latest series reaching over one million units shipped in just 12 months [20][29] Group 3: Industry Impact and Vision - Horizon positions itself as a foundational player in the robotics era, aspiring to be the "Wintel of the robotics age," focusing on ecosystem collaboration rather than competing as a vehicle or robot manufacturer [9][24] - The company has expanded its influence beyond automotive applications, becoming a leading platform for consumer robotics with over 100 products and extensive partnerships [24][25] - Horizon emphasizes the importance of making advanced technology accessible to the masses, aiming to transform high-end innovations into everyday solutions for consumers [28][29]