过去一周，人工智能（AI）热门股经历了抛售潮，高盛称之为"DeepSeek冲击"以来最大的动能回撤。 据第一财经记者了解，高盛交易台的信息显示，电力瓶颈可能拖慢美国在AI竞赛中的步伐，对AI"支出 太多、收益太少"的怀疑日益增长、软银抛售英伟达、美联储12月降息概率下降等导致AI股遭遇抛售。 上周四，任何被认为存在商业模式瑕疵、估值过高的股票都承受巨大抛压：甲骨文跌4%，CoreWeave跌 16%,Nebius跌6%，Palantir跌6.5%。这些公司都是近一年来备受追捧的"黑马"，股价涨幅很多都超过 100%。 更早些时候，Meta、Alphabet和甲骨文等科技巨头的大额发债计划冲击市场，其中一些期限长达40年。 这也标志着AI债市元年降临，这些"现金牛"开始为这场"AI豪赌"和"算力军备竞赛"举债。当举债恰 逢"AI泡沫论"升温之际，各界对AI巨头的庞大资本开支能否获得中长期回报的质疑声渐强。 对华尔街投资人而言，这是发挥财务杠杆的创举，还是债务风险的开始？这又会对科技巨头的股价有何 影响？第一财经记者采访了多位华尔街投行资深银行家和债券策略师。 "节奏至关重要" 当前，AI企业无疑正在进行一场"登 ...

过去一周，人工智能（AI）热门股经历了抛售潮，高盛称之为"DeepSeek冲击"以来最大的动能回撤。 据第一财经记者了解，高盛交易台的信息显示，电力瓶颈可能拖慢美国在AI竞赛中的步伐，对AI"支出 太多、收益太少"的怀疑日益增长、软银抛售英伟达、美联储12月降息概率下降等导致AI股遭遇抛售。 上周四，任何被认为存在商业模式瑕疵、估值过高的股票都承受巨大抛压：甲骨文跌4%，CoreWeave跌 16%,Nebius跌6%，Palantir跌6.5%。这些公司都是近一年来备受追捧的"黑马"，股价涨幅很多都超过 100%。 更早些时候，Meta、Alphabet和甲骨文等科技巨头的大额发债计划冲击市场，其中一些期限长达40年。 这也标志着AI债市元年降临，这些"现金牛"开始为这场"AI豪赌"和"算力军备竞赛"举债。当举债恰 逢"AI泡沫论"升温之际，各界对AI巨头的庞大资本开支能否获得中长期回报的质疑声渐强。 对华尔街投资人而言，这是发挥财务杠杆的创举，还是债务风险的开始？这又会对科技巨头的股价有何 影响？第一财经记者采访了多位华尔街投行资深银行家和债券策略师。 "节奏至关重要" 当前，AI企业无疑正在进行一场"登 ...

市场对AI周期巨额融资需求的担忧正在发酵，美股科技股遭遇大幅抛售，动量交易策略重挫，AI相关主题篮子、比特币敏感股等投机板块亦遭遇 猛烈抛售。 纳斯达克指数100周四大跌超2%，收于当日低点，过去六个交易日中五天下跌。这场抛售集中打击了动量交易策略和AI相关标的。尽管纳斯达克 100指数距历史高点仅约5%，并试图守住50日均线这一关键支撑位，但市场情绪已明显转向防御。 在年内仅剩30个完整交易日的背景下，投资者正等待市场叙事和价格走势企稳。高盛指出，主经纪商账簿中的动量敞口仍处于高位（一年期第76 百分位、五年期第88百分位），而年末减仓和税损收割的季节性压力正在显现。目前，投资者正等待更清晰的信号——无论是英伟达财报能否超 预期，还是美联储货币政策路径能否明朗化——来判断这轮抛售何时企稳。 高盛数据显示，该行高贝塔动量配对交易(GSPRHIMO)周四暴跌7%，创下今年第二差表现，也是自DeepSeek事件以来的最大单日跌幅。AI相关主 题篮子、比特币敏感股和量子计算等投机性板块均遭遇猛烈抛售。 AI泡沫等五大压力因素引发抛售 高盛交易团队列出了此轮下跌的五大触发因素。 首先，投资者在英伟达下周公布财报前选择 ...

Core Insights - The article discusses the recent hiring of Luo Fuli by Xiaomi, who is focused on advancing artificial general intelligence (AGI) through innovative research [1][7] - Luo Fuli has a strong background in AI, having previously worked at Alibaba and DeepSeek, and is now leading Xiaomi's AI large model team [6][7] Group 1: Company Developments - Luo Fuli announced her new role at Xiaomi, emphasizing the company's commitment to building a future where AI transitions from language to the physical world [1] - Xiaomi's AI team collaborated with Peking University to publish a paper on MoE and reinforcement learning, highlighting the involvement of Luo Fuli [4] - Xiaomi has been actively building its GPU resources, with an initial 6,500 GPUs and plans for a larger GPU cluster to enhance its AI model development capabilities [7] Group 2: Research and Innovations - Xiaomi has made significant strides in AI model development, having open-sourced several models this year, including Xiaomi MiMo for reasoning and Xiaomi MiMo-VL for multimodal applications [9] - The company has continuously improved its models, with updates enhancing reasoning, document, GUI, and video understanding capabilities [9]

Core Insights - The article reports that Luo Fuli, a prominent AI researcher and former DeepSeek employee, has officially joined Xiaomi to work on their first reasoning large model, Xiaomi MiMo, aiming to advance towards Artificial General Intelligence (AGI) [1][3]. Group 1: Company Developments - Luo Fuli announced her joining Xiaomi through a social media post, expressing her commitment to building a future where intelligence transitions from language to the physical world [1]. - Xiaomi MiMo is highlighted as Xiaomi's first reasoning large model, indicating the company's strategic focus on AI development [1]. Group 2: Individual Background - Luo Fuli was born in 1995 in Yibin, Sichuan, and has an academic background in computer science from Beijing Normal University and computational linguistics from Peking University [3]. - During her academic career, she published eight papers at the prestigious ACL conference in 2019, with two as the first author, showcasing her expertise in the AI field [3]. - Her professional journey includes significant roles at Alibaba's DAMO Academy, where she led the development of the multilingual pre-training model VECO, and later at DeepSeek, where she contributed to deep learning projects [3]. Group 3: Market Reactions - The news of Luo Fuli's recruitment by Xiaomi attracted attention due to rumors of a substantial salary offer from Lei Jun, Xiaomi's founder, which sparked discussions on social media [3].

Core Insights - The announcement of Luo Fuli joining Xiaomi MiMo team signifies Xiaomi's ambition towards AGI (Artificial General Intelligence) and highlights her focus on "world models" and "embodied intelligence" [1][10]. Group 1: Luo Fuli's Background and Transition - Luo Fuli, a prominent figure in AI research, has transitioned from DeepSeek to Xiaomi, confirming rumors of her high-profile recruitment with a reported annual salary in the millions [6][4]. - She has a strong academic background with a Bachelor's degree in Computer Science from Beijing Normal University and a Master's in Computational Linguistics from Peking University, contributing to significant projects like VECO and DeepSeek-V2 [4][6]. Group 2: Xiaomi MiMo and AGI Vision - Xiaomi MiMo, the company's first open-source inference model, was launched in April and has shown promising results in mathematical reasoning and coding competitions, outperforming models from OpenAI [7]. - The MiMo ecosystem is expanding with the introduction of multi-modal models, indicating progress towards a "world model" that integrates various forms of information [7]. - Xiaomi has been actively investing in the field of embodied intelligence, with recent investments in startups like DeepMind, totaling nearly 30 companies since 2014 [8]. Group 3: Future Implications - Luo Fuli's involvement is expected to accelerate Xiaomi's advancements in AGI, particularly in the areas of world models and embodied intelligence, raising industry expectations for future developments [10].

Core Insights - The article discusses the recent hiring of Luo Fuli, a former researcher at DeepSeek, by Xiaomi to lead its AI large model team [1][2][3] - Luo Fuli has a strong background in AI research, having previously worked on significant projects at Alibaba and DeepSeek, including the development of the MoE large model [3] - Xiaomi is actively investing in AI capabilities, including the establishment of a GPU cluster to enhance its research and development in AI large models [3] Company Developments - Luo Fuli announced her joining Xiaomi's Xiaomi MiMo team, which focuses on building advanced AI models, particularly in the realm of artificial general intelligence (AGI) [2][3] - Xiaomi MiMo is the company's first inference large model, and it has already shown promising results in benchmarks, outperforming larger models from OpenAI and Alibaba with only 7 billion parameters [8] - The Xiaomi large model Core team is committed to innovative exploration in AI, aiming to push the boundaries of intelligence and creativity [8] Industry Context - The AI landscape is rapidly evolving, with companies like Xiaomi making significant investments to compete in the development of large language models and AI technologies [3][8] - The competition in AI model development is intensifying, as evidenced by Xiaomi's strategic moves to recruit top talent and enhance its technological infrastructure [3][8]

她在朋友圈表示，"智能终将从语言迈向物理世界。我正在Xiaomi MiMo，和一群富有创造力、才华横溢且真诚热爱的研究员，致力于构建这样的未来， 全力奔赴我们心目中的AGI。" 对此，蓝鲸科技记者向小米方面求证，但未获回复。 每经编辑｜段炼 11月12日，据智通财经、蓝鲸新闻等多家媒体报道，95后AI"天才少女"罗福莉在朋友圈官宣加入小米。 曾被雷军千万元年薪挖角 是DeepSeek关键开发者之一 今年2月，多家媒体曾报道，小米创始人雷军欲以千万元年薪招揽DeepSeek开源大模型DeepSeek-V2的关键开发者之一罗福莉，领导小米AI大模型团队。 据红星新闻、证券时报等报道，去年年末，雷军在直播时说，希望用千万年薪挖角罗福莉，请她到小米带领团队从事AI大模型研究。 不过，当时小米并未给出回应，罗福莉本人也未直接回应此事。2月19日据媒体报道，罗福莉曾发朋友圈表示，"请互联网还我一片安安静静做事的氛围 吧，我不是天才少女，只想安安静静做难而正确的事情。" 此前，红星新闻记者曾通过其高中班主任向她求证是否入职小米，当时她表示还在考虑要不要加入小米。 据报道，当时小米公司正在积极搭建自己的GPU万卡集群，以加大 ...

Core Insights - Xiaomi is actively recruiting top talent in the large model field, specifically targeting key developers like Luo Fuli from DeepSeek, with compensation packages reaching tens of millions [1] - Luo Fuli has officially announced her joining of the Xiaomi MiMo large model team, expressing commitment to building a future towards AGI (Artificial General Intelligence) [1] - Xiaomi has previously launched its first open-source large model, Xiaomi MiMo, aimed at enhancing reasoning capabilities, marking a significant step in its AI development efforts [4] Company Developments - Luo Fuli's involvement in a joint paper with Peking University, published on arXiv in October, indicates her active role in the academic and research community [2] - The Xiaomi MiMo model is a product of the newly established "Xiaomi Large Model Core Team," showcasing the company's strategic focus on AI and large model development [4]

Core Insights - The core point of the news is the confirmation of Luo Fuli's joining Xiaomi, which is seen as a significant move for Xiaomi's AI strategy, particularly in the development of large models and their application in various products [1][13]. Group 1: Luo Fuli's Background and Experience - Luo Fuli, born in 1995 in Yibin, Sichuan, has a strong academic background, having published eight papers at a top international AI conference during her master's studies [4][5]. - After graduating, she worked at Alibaba's DAMO Academy, where she developed the VECO multilingual pre-training model, gaining substantial experience in cross-lingual large models [5]. - She later joined DeepSeek, where she contributed to the development of the DeepSeek-V2 model, known for its cost-effectiveness and high performance in natural language processing [5][7]. Group 2: Xiaomi's AI Strategy - Xiaomi's AI ambitions are highlighted by the establishment of its AI Lab in 2016, which has evolved to focus on various AI technologies, including large models [13]. - The company has a unique approach to AI, emphasizing lightweight models and local deployment rather than competing in the large parameter model race [13][14]. - Xiaomi's recent AI model, Xiaomi MiMo, demonstrated superior performance with only 7 billion parameters, showcasing the company's commitment to a "small parameters, big energy" strategy [14]. Group 3: Implications of Luo Fuli's Joining - Luo Fuli's expertise in MoE architecture and natural language processing is expected to accelerate Xiaomi's efforts in large model development and application across its product ecosystem [1][13]. - Her involvement in the MiMo team aligns with Xiaomi's goal of enhancing AI capabilities in mobile devices and vehicles, contributing to the company's broader "human-vehicle-home" ecosystem strategy [14][17]. - The influx of top AI talent from emerging companies to established hardware giants like Xiaomi indicates a shift towards the practical application of AI models in real-world scenarios [17].