每经AI快讯，近日，在海口举办的第七届世界新能源汽车大会"AI 赋能汽车软硬件融合创新" 论坛上， 百度地图发布出行智能体小度想想2.0。该产品是行业首个深度融合端到端语音语言大模型的出行智能 体，依托文心大模型 X1.1、超大规模时空数据等优势，首推跨端记忆体，覆盖AI搜索、出游、导航、 伴行四大场景，可实现多终端服务连续、个性化出行推荐。 ...

9月28日，百度地图事业部总经理谢天在第七届世界新能源汽车大会上发布百度地图全新升级的出行智能体——小度想想2.0。 AI出游场景中，小度想想2.0将AI能力覆盖整个出游链路。首页推荐能够基于用户画像、实时天气和当前位置，主动呈现个性化内容。出游规划可以融 合用户偏好、出行大数据，生成专属方案。行程途中还能根据路线动态推荐沿途景点与餐饮。让每一次出行都更轻松、更贴心。 AI导航场景中，小度想想2.0能够深度理解自然语言指令，实现路线的灵活调整。依托真车道级数据与学习算法，动态推荐最优车道，实现秒跟车、秒 变道，同时结合道路动态信息，提供全程动静态安全提示，为驾驶保驾护航。 AI伴行场景中，小度想想2.0把语音识别、语义理解、情感合成，和超过3亿条地图POI知识结合在一起，并深度融合端到端语音大模型，可以实现实时 对话与情感交互。无论通勤还是旅行，用户都能与AI进行自然交流。 小度想想2.0主要有以下三个核心优势：第一，引入地图出行知识库与百度实时搜索数据，进一步增强对复杂出行意图的理解与推理。第二，构建跨端 记忆体，支持场景记忆、会话记忆、持久记忆、系统记忆，使服务在手机端、车机端、跨场景切换间保持一致与连续 ...

近日，由百度APP联合百战直播主办的"舞动芳华·得趣西南区舞蹈大赛"正式启幕。本次活动将依然采用"赛事+社交+知识"的三维模式，打造"中老年线 上训练营"，让银发一族们在参与广场舞赛事活动的过程中学习知识、享受乐趣、陶冶情操。 得趣业务负责人表示：得趣希望通过技术创新与生活服务相结合的方式，帮助中老年人跨越数字鸿沟，让每个人都能享受数字生活的便利与乐趣，感受 来自科技的温度。为此，得趣特别打造了"赛事+社交+知识"的三维模式，在活动和赛事中增强中老年人的参与感和成就感。 赛事层面，得趣打造"人人参与、人人都是主角"的活动理念，在大湾区广场舞大赛中，舞团晋级采用"收编制"而非"淘汰制"，大大提升了活动的趣味性 和参与度，增强了中老年人的参赛体验。而在西南赛区中，独特的"升学制"更是突破舞蹈基础和年龄的界限，让每个人在活动中都有所收获。 赛制创新：升学制打造沉浸式体验 本届大赛，主办方得趣加强了赛事的"知识"属性，首创的"升学制"晋级模式突破传统赛制局限。首先，参赛团队将参加2周的免费线上课程学习，包括 赛事规则讲解、广场舞编排、直播及短视频辅导等课程，帮助团队顺利了解赛事规则、设计精品舞蹈、跨越数字鸿沟。 第二 ...

Group 1 - The Hang Seng Technology ETF Tianhong (520920) was launched on September 30, 2023, with a total of 1.22 billion shares raised, and individual investors accounted for 99.18% of the subscriptions [1] - The ETF closely tracks the Hang Seng Technology Index, which includes 30 leading Hong Kong tech stocks across key sectors such as internet platforms, semiconductors, and automotive [1] - Major Chinese tech companies are increasingly clarifying their AI strategies, with Alibaba announcing a three-year plan to invest 380 billion yuan in AI infrastructure and a partnership with NVIDIA [1][2] Group 2 - Alibaba and Baidu have begun using self-developed AI chips to train some AI models, indicating a trend towards increased AI penetration and economic recovery in China [2] - The current PE valuation of the Hang Seng Technology Index is 23.29 times, which is at the 34.23% percentile of the past five years, suggesting a high margin of safety [2] - The Hang Seng Technology ETF Tianhong (520920) allows T+0 trading and has established off-market linked funds [3]

智通财经APP获悉，有着"木头姐"之称、方舟投资首席执行官凯茜・伍德近期在一次采访中指出，人工 智能(AI)领域目前由"四大巨头"主导，分别是OpenAI、Anthropic、马斯克旗下的xAI以及谷歌 (GOOGL.US)旗下的Gemini。 她补充道，这四家企业之间的竞争正趋于白热化。"在大型语言模型(LLM)领域，真正具备竞争力的企 业数量已经减少"。 在这一背景下，伍德加码押注AI、云计算和下一代互联网领域，尤其将目光投向了中国科技股。 以下是其旗下主动管理基金上周的主要买卖操作： 其他基金动向： ARK Next Generation Internet ETF(ARKW.US)：增持阿里巴巴约4.2万股，价值逾800万美元;同时减持 了Shopify(SHOP.US)和Roblox。 基因进化ETF-ARK(ARKG.US)： 上周连续多日增持Arcturus Therapeutics(ARCT.US)，总计购入约6.5万 股(此前一周已增持约13.6万股)。该股持续上涨，上周涨幅达8%。基金还增持了Intellia Therapeutics超 1.7万股。 ARK Fintech Innovati ...

Group 1: U.S. Film Industry and Tariff Policy - President Trump stated that the U.S. film industry is being "stolen" by other countries and announced a proposal to impose a 100% tariff on films produced outside the U.S. [1] - The announcement led to a decline in stock prices for major companies like Netflix and Warner Bros. [1] Group 2: U.S. Government Funding and Potential Shutdown - The U.S. government is facing a funding deadline, with both parties in Congress showing significant disagreement on budget negotiations [2][5] - If an agreement is not reached by the deadline, the government will run out of funds, leading to potential furloughs for hundreds of thousands of workers and the shutdown of many public services [6] Group 3: Market Reactions and Economic Indicators - U.S. stock markets saw a collective rise, with the Dow Jones increasing by 0.15%, the S&P 500 by 0.26%, and the Nasdaq by 0.48% [8] - The technology sector showed mixed results, with Nvidia rising by 2.07% and Apple falling by 0.4% [10] - The copper and metals sector experienced significant gains, with Hudbay Minerals rising by 7.42% [13] Group 4: International Commodity Prices - International gold prices surged, with COMEX gold futures rising by 1.42% to $3862.9 per ounce, while oil prices fell, with WTI crude oil futures dropping by 3.45% to $63.45 per barrel [16]

Core Viewpoint - The US stock market showed collective gains on September 29, with the Dow Jones, S&P 500, and Nasdaq indices rising, despite previous week weaknesses attributed to concerns over AI-related investments and potential tariffs on foreign films [1][2]. Market Performance - The Dow Jones index closed at 46,316.07, up 0.15% (+68.78 points) - The S&P 500 index closed at 6,661.21, up 0.26% (+17.51 points) - The Nasdaq composite index closed at 22,591.15, up 0.48% (+107.09 points) - The previous week saw the S&P 500 index experience its worst weekly performance since August 1, while the Nasdaq had its weakest week since early August [1][2]. AI and Market Sentiment - Concerns regarding the sustainability of AI infrastructure collaborations between Nvidia and OpenAI have put pressure on the market - Barclays' US equity strategy head, Venu Krishna, noted that capital expenditures in the AI sector continue to drive market momentum, with no signs of slowing down - Other sectors are expected to benefit from the AI infrastructure spending wave, particularly given the high weighting of the technology sector in the S&P 500 [2]. Tariff Implications - Hargreaves Lansdown's chief investment strategist, Emma Wall, highlighted that the impact of tariffs on inflation has not yet been fully reflected in data, and further tax increases could heighten price pressures - Trump's proposal to impose 100% tariffs on films produced outside the US has raised concerns among investors [3][4]. Federal Government Shutdown Concerns - The potential for a federal government shutdown is causing market anxiety, particularly regarding delays in key economic data releases that could obscure the Federal Reserve's interest rate outlook - Historical data suggests that government shutdowns have minimal direct impact on markets, but uncertainty surrounding economic indicators could dampen market sentiment [4]. Technology Sector Performance - Major tech stocks showed mixed results, with Nvidia up 2.07%, Microsoft up 0.61%, while Apple fell 0.4% and Google down 1.14% - The Philadelphia Semiconductor Index reached a historical high during the day but closed up only 0.16% - Micron Technology rose 4.22% due to reports of shortages in the DRAM and NAND flash memory markets, with expectations of price increases in the upcoming quarters [5][6]. Notable Stock Movements - Seagate Technology rose 5.35% and Western Digital increased by 9.23%, following a significant price target upgrade from Morgan Stanley, citing a recent demand turnaround - The copper and metals sector saw strong performance, with Hudbay Minerals up 7.42% and Ero Copper up 7.14% - Electronic Arts (EA) rose 4.5% after announcing a final acquisition agreement valuing the company at $55 billion [7]. Chinese Stocks Performance - The Nasdaq Golden Dragon China Index increased by 2.03%, with notable gains in several Chinese stocks, including Xiaoma Zhixing up 7.32% and Alibaba up 4.65% [8].

外资重估中国资产。 当地时间9月29日，纳斯达克中国金龙指数涨2.03%，热门中概股集体上涨，哔哩哔哩、阿里巴巴、新东方涨 超4%，理想汽车、京东涨超3%。 全球基金经理正重返中国市场 美东时间9月29日，据彭博社报道，全球基金经理正重返中国市场，这源于在全球范围内领先的股市反弹和中 国高科技产业的进步。 高盛指出，全球对冲基金上个月在中国境内股票市场的活跃度为近年来最高。 Pacific Investment Management Co.表示，投资者现在更担心错失良机，而不是风险。官方数据显示，外资正在 流入中国各类资产，这种同步增长的现象过去十年仅出现过三次。 根据彭博汇编数据，截至9月19日当周，在投资新兴市场的美国上市交易所交易产品中，追踪中国香港和中国 内地股票和债券的产品资金流入规模最大。 摩根士丹利表示，截至8月底，外国多头基金的资金流入规模已达10亿美元，去年则流出170亿美元。 报道称，目前全球基金对中国股市的配置处于"低配"状态，意味着仍有大量空间可以加仓。根据摩根士丹利本 月早些时候发布的报告，全球基金对中国资产的配置仍低配1.3个百分点。 据彭博社最新报道，全球基金经理正重返中国市场。 ...

除了供给端发行主体日益多元，点心债的需求侧同样支撑有力。随着QDII（合格境内机构投资者）额 度提升与债券"南向通"机制扩容，境内资金配置离岸资产的需求持续释放。高质量发行主体入场与境内 投资需求升温形成"双向奔赴"，共同构筑起市场良性发展的基石。 在人工智能浪潮席卷全球的背景下，科技巨头纷纷步入资本开支的高强度周期。自9月中下旬以来，甲 骨文、腾讯、阿里巴巴、百度等国内外科技企业不约而同启动大规模债券发行，募资用途高度一致—— 全力投入AI与云计算等前沿科技领域。值得关注的是，中国科技企业的境外融资路径正悄然转向，形 成以长期限、人民币计价的债权融资为主的新偏好。 从阿里巴巴于去年11月首次发行170亿元离岸人民币债券（即"点心债"），到百度今年内两度发行、腾 讯首次试水90亿元规模点心债，再到市场传闻更多互联网巨头正酝酿跟进，一系列动向表明，离岸人民 币债券市场正成为中国科技企业巨头长期融资的重要渠道。这一举措不仅缓解了企业的资金需求，也在 客观上拓宽了点心债市场的深度与广度，吸引更多发行人与投资者入场。 AI竞赛的背后也是资本的赛场，科技企业青睐债权融资，实为一场精密的成本运算。无论是甲骨文发 行的40 ...

Core Viewpoint - Cathie Wood from Ark Innovation ETF is diversifying investments into undervalued blue-chip stocks in China, particularly Alibaba and Baidu, as they expand in the global AI market and cater to a growing middle class [1][2]. Group 1: Investment Opportunities - Alibaba and Baidu are gaining attention due to their involvement in the global artificial intelligence race and their diversified business models [2][3]. - Recent rallies in Alibaba and Baidu stocks have outperformed the S&P 500 and Nasdaq-100 indexes, indicating strong investor momentum [3][4]. - The iShares MSCI China ETF previously offered higher dividend yields than both Chinese and U.S. government bonds, attracting significant investment into Chinese blue-chip stocks [5]. Group 2: Company Developments - Alibaba is expanding its data center operations across Asia and the Middle East, positioning itself to capitalize on increasing consumer activity and disposable income [10][11]. - The company is also entering the semiconductor development sector, responding to trade restrictions and government encouragement for local technology firms [12]. - Baidu is crucial for Alibaba's cloud computing and data center expansion, acting as a key player in China's digital infrastructure [14]. Group 3: Market Performance and Analyst Insights - Alibaba's stock has reached a 52-week high, with analysts like Joyce Ju from Bank of America setting a price target of $195, which is above the consensus [13]. - Baidu has seen a significant one-month rally of 44.4%, with increased holdings from major investors like Cathie Wood and Primecap Management [16][17]. - Despite current bullish ratings for Alibaba, some analysts suggest there are better investment opportunities available [18].