就在今天，OpenAI两款神秘图像模型，悄然登陆Design Arena和LM Arena平台展开测试。 Chestnut（栗子） Hazelnut（榛子） 这周重头戏即将上演！OpenAI神秘生图模型GPT Image 2内部代码流出，将随GPT-5.2一同上线。另一边，谷歌Flash版「香蕉」和Gemini 3 Flash也准备 好了。 没蹲到GPT-5.2？ 别急，OpenAI的「王炸」已经在路上了！ 这两款模型，据称是GPT Image 2。有网友猜测，它将随着下一代旗舰模型GPT-5.2于本周亮相。 与谷歌Nano Banana Pro相比，它们具备了类似的世界知识，可生成画质相近的名人自拍，特别擅长在图像中嵌入代码。 下图中，它可以生成手写风格的白板字（但logo好像不是最新的），还能在生图时直出代码。 另有实测过的开发者们，纷纷表示OpenAI生图质量，还是比不上谷歌Nano Banana Pro。 尤其是人物面部生成效果，看起来比较假。 对此，他们认为，GPT Image 2可能仍基于GP-4o完成的训练，不过相较于上一代还是提升了不少。 神秘生图模型上线，打不过Nano Banana？ 那么 ...

12月11日上午，A股三大指数走势分化，上证指数盘中下跌0.15%，有色金属、电力设备、国防军 工等板块涨幅靠前，综合、房地产跌幅居前。芯片科技股分化，截至9点59分，芯片ETF（159995.SZ） 下跌0.52%，成分股华海清科上涨5.39%，澜起科技上涨3.14%，拓荆科技上涨1.75%，盛美上海上涨 1.45%。然而，北京君正、海光信息等表现不佳，分别下跌3.48%、2.89%。 消息方面，根据量子位援引消息称，谷歌开始向Meta与大型金融机构等，推介在其自有数据中心 部署TPU的方案。Meta正在与谷歌探讨使用TPU训练新AI模型，计划在2027年斥资数十亿美元在其数据 中心使用TPU，并于明年从谷歌云租用谷歌芯片。 申港证券表示，谷歌云部门部分高管预测，这类业务可为谷歌带来数十亿美元的年收入。建议关注 谷歌产业链光模块、PCB等龙头企业，以及有望受益定制AI芯片行业崛起的企业。 资料显示，芯片ETF（159995）跟踪国证芯片指数，30只成分股集合A股芯片产业中材料、设备、 设计、制造、封装和测试等龙头企业，其中包括中芯国际、寒武纪、长电科技、北方华创等。其场外联 接基金为，A类：008887；C ...

Core Insights - The global AI glasses market is experiencing a surge, with major companies like Google and Meta intensifying their efforts to capture market share. Google plans to launch its first AI-driven smart glasses by 2026, marking its return to a previously unsuccessful venture in this space [1][2]. Group 1: Market Dynamics - Google is re-entering the AI glasses market after learning from past failures, emphasizing advancements in AI technology and supply chain management that were lacking during its initial attempt [1][2]. - Meta's collaboration with EssilorLuxottica to produce Ray-Ban Meta glasses has seen remarkable success, capturing approximately 73% of the global smart glasses market in the first half of 2025, with a year-on-year shipment increase of 110% [2]. - The global smart glasses shipment is projected to reach 12.8 million units by 2025, with a 26% year-on-year growth, and China is expected to lead with over 2.75 million units, reflecting a 107% increase [3]. Group 2: Technological Advancements - Key breakthroughs in AI glasses development are attributed to advancements in large model technology and hardware upgrades, enhancing functionalities like real-time translation and voice assistance [3]. - The design of upcoming AI glasses is shifting towards a more user-friendly approach, with expectations for lighter models weighing between 20 to 30 grams, significantly improving comfort for prolonged use [4][7]. Group 3: Competitive Landscape - The AI glasses market is forming a competitive structure with three tiers: the first tier led by Meta, the second tier comprising Chinese companies like Quark and Xiaomi, and the third tier focusing on niche functionalities [4]. - Over 80% of the global smart glasses supply chain is based in China, indicating a significant role of Chinese manufacturers in the industry [5][6]. Group 4: Future Outlook - The potential for AI glasses to become a mainstream product hinges on factors such as weight reduction, battery life improvement, and the identification of unique use cases that differentiate them from existing devices like smartphones [6][7]. - The current pricing of AI glasses, typically between 3,000 to 4,000 yuan, suggests there is room for price reduction to enhance market penetration [7].

Core Points - The European Commission has launched a formal antitrust investigation into Google to assess whether the tech giant is abusing its market dominance and distorting competition in the AI services market [1][3] Group 1: Investigation Focus - The investigation focuses on whether Google imposes unfair terms on publishers and content creators or grants itself special access to their content, putting other AI model developers at a disadvantage [3] - Concerns have been raised that Google may be using publishers' online content to generate AI-driven services on its search results page without providing appropriate compensation, leaving publishers at risk of losing access to Google search [3] - The Commission is also examining whether Google has used content uploaded to YouTube to train its generative AI models without compensating creators or providing an option to refuse [3] Group 2: Regulatory Context - The European Commission has recently targeted several tech giants with antitrust investigations, particularly focusing on AI-related businesses, indicating a strong stance on protecting online media and content creators [4] - The investigation reflects the Commission's commitment to maintaining fair competition in the AI market [4]

（原标题：Counterpoint Research：尽管关税问题持续存在 2025年Q3美国智能手机出货量仍同比小幅增 长） 智通财经APP获悉，Counterpoint Research发文称，尽管关税问题持续存在，2025 年 Q3 美国智能手机出 货量仍同比小幅增长。虽然来自中国的进口量有所下降，但来自越南和印度等地区的进口却有所增加， 使本季度整体出货量有所增长。苹果得出货份额同比和环比均有所下降，但由于年初 iPhone 16e 表现强 劲，该智能手机品牌的年度出货量仍保持增长。iPhone 17 系列出货一直保持稳定，但也面临着强劲需 求带来的挑战。三星同比小幅增长 1 个基点，但环比下滑 3 个基点，主要是因为谷歌的同比和环比均强 劲增长。由于宏观经济和政治因素影响导致预付费需求疲软，导致摩托罗拉在 Q3 表现走弱，其份额同 比和环比均有所下降。 市场亮点 尽管美国在 4 月宣布征收关税，但 2025 年 Q2 美国智能手机出货量仍同比增长2%。虽然来自中国的进 口量有所下降，但来自越南和印度等其他地区的进口量却有所增加，使整体出货量实现增长。 由于本季度安卓系统的出货量增幅高于iOS系统，苹 ...

据彭博社报道，SpaceX正计划在明年以1.5万亿美元的估值上市。届时，谷歌持有的股权价值将飙升至大约1110亿美元(约合7842亿元人民币)。 谷歌、风投 机构Founders Fund以及富达投资都位居SpaceX最大外部投资者之列。 即便是对于谷歌这样体量的巨头而言，SpaceX的成功也已对其盈利产生了实质性影响。今年早些时候，谷歌在其财报中披露了一笔80亿美元的"非市场化股 权证券"收益。彭博社指出，这笔收益正来自SpaceX。该收益占谷歌2025年第一季度净利润的25%。 与此同时，马斯克也是SpaceX上市的大赢家。彭博社称，如果SpaceX能在明年以1.5万亿美元的估值成功上市，那么马斯克的财富将在目前4606亿美元基础 上增长一倍以上，几乎立马就能成为世界上首个万亿富翁。 截至发稿，谷歌、SpaceX尚未就此置评。(作者/箫雨) 谷歌CEO皮查伊与马斯克 凤凰网科技讯 北京时间12月11日，据《商业内幕》报道，谷歌在十年前入股SpaceX，这笔投资可能会在明年开花结果，成为史上最赚钱的创业公司投资案 例之一。 谷歌目前势头不减，其母公司Alphabet股价今年已经累计上涨近70%，成为今年表现 ...

Core Insights - The article discusses the smartphone market trends and shipment volumes, highlighting the performance of major brands in the U.S. market for Q3 2025 and the impact of various economic factors on these trends [4][8][11]. Market Highlights - Despite ongoing tariff issues, U.S. smartphone shipments saw a slight year-on-year increase in Q3 2025, attributed to a rise in imports from Vietnam and India, compensating for the decline in imports from China [8][11]. - Apple experienced a decline in market share both year-on-year and quarter-on-quarter, yet maintained growth in annual shipments due to strong performance from the iPhone 16e. The iPhone 17 series shipments remained stable but faced challenges from strong demand [8][11]. - Samsung's market share saw a minor increase of 1 basis point year-on-year but a decrease of 3 basis points quarter-on-quarter, primarily due to strong growth from Google [8][11]. - Motorola's performance weakened in Q3 due to soft prepaid demand influenced by macroeconomic and political factors, leading to a decline in its market share [8][11]. - HMD exited the U.S. market, prompting a cessation of tracking for this brand by the research firm [8][11]. Brand Performance - In Q2 2024, Apple held a 52% market share, which increased to 53% in Q3 2024, but dropped to 50% by Q3 2025. Samsung's share fluctuated, reaching 24% in Q3 2024 and stabilizing at 24% in Q3 2025. Lenovo's share remained consistent at 12% during the same period [9][15]. - The overall smartphone shipment volume in Q1 2025 increased by 9% year-on-year, driven by preemptive stocking to avoid potential tariff impacts, particularly in March [15][21]. - Motorola achieved its highest market share of 11% in Q1 2025, attributed to the early launch of its G series and improved positioning in the prepaid market [15][21]. Economic Impact - The article notes that the U.S. smartphone market faced a 9% year-on-year decline in Q4 2024, influenced by low upgrade rates and extended upgrade cycles. Apple and Samsung both experienced declines in shipments during this period [18][21]. - In Q3 2024, the U.S. smartphone market saw a 6% year-on-year decline, primarily due to weak demand in both prepaid and postpaid channels [21].

Core Insights - Google led the postpaid promotional value ahead of Black Friday, but its promotional efforts were slightly weaker than Apple's during the event [4][5] - The postpaid promotional landscape remains competitive and evolving, with Google launching early promotions for the Pixel 10 series to capture holiday sales momentum [5][7] - Apple increased advertising efforts to catch up with Google, introducing aggressive promotions for the iPhone 17 series through T-Mobile and Verizon [7] - Samsung maintained strong promotional efforts in the postpaid market, although many offers required trade-ins or stricter plan conditions [7][8] Promotional Trends - Motorola and Samsung led the prepaid promotional market, with Metro offering significant discounts across various price tiers [8][10] - Total Wireless ranked second in promotional efforts, featuring substantial discounts on iPhone models during Black Friday [10] - The average promotional price rankings showed Motorola and Samsung tied for first, with TCL in third place [8] Market Dynamics - The foot traffic during Black Friday reflected economic conditions, with lower store visits compared to previous years [11] - The reliance on installment plans for smartphone purchases indicates resilience in the U.S. smartphone market under macroeconomic pressures [11] - The absence of tariffs on smartphone pricing due to agreements with India, Vietnam, and China has kept consumer costs stable [11]

即便对谷歌这样体量的巨头而言，SpaceX 的成功也已对其财务表现产生了实质性影响。今年早些时候，谷歌在财报中披露了一笔 80 亿美元的"非上市股权 投资"收益，彭博社确认该收益即来自 SpaceX。这笔收益占谷歌 2025 年第一季度净利润的 25%。 除谷歌外，风险投资机构 Founders Fund 和富达投资（Fidelity）也是 SpaceX 最大的外部投资者之一。 值得一提的是，该公司多年前的一项初创企业投资，有望成为有史以来回报最丰厚的投资之一，并可能在明年正式兑现收益。 2015 年，谷歌向埃隆・马斯克旗下的 SpaceX 公司投资约 9 亿美元（现汇率约合 63.66 亿元人民币），获得后者约 7% 的股权。当时 SpaceX 的估值为 120 亿美元。 据最新报道，SpaceX 计划于明年上市，估值高达 1.5 万亿美元。若按此估值计算，谷歌所持股份价值将飙升至约 1110 亿美元（现汇率约合 7851.07 亿元人 民币）。 IT之家 12 月 11 日消息，谷歌母公司 Alphabet 今年股价表现极为亮眼，涨幅近 70%，目前市值已达 3.8 万亿美元（IT之家注：现汇率约合 26 ...

Google’s answer to the AI arms race — promote the guy behind its data center tech https://t.co/mYXLNBAbSa ...