各位投资人早上好,我是广发产品互联网分析师叶敏婷。今天主要是给大家更新一下当前事变,我们对于AI板块的观点以及具体的标题推荐。在前两天,奥特曼在X平台上宣布了为期12天的OpenAI的直播活动,将会连续发布新的AI功能和产品。 那像OpenAI的这个视频AI母型Soro,O1和这个Soro还有这个AI Agent的产品也是大家期待的能够在接下来的这个持续的直播里面会有更新或者是正式版的发布会和演示那在北京时间今天凌晨两点公司也发布了第一次更新 在第一天的直播中公司是发布了新的O1模型O1比之前的O1 preview本身是更加智能的尤其是在编程能力上同时也能够根据不同的回答的难度调节响应的速度也就是说O1的响应速度也是更加智能的除此之外O1模型还增加了识别图片的功能而之前的O1 preview基本上除了文字交流没有其他的交流方式 这次直播里面,OpenAI同时还推出了200美金一个月的模型付费版本,也就是XHPT Pro。那在XHPT Plus版本里面,模型的使用仍然是有限制时长和次数的。而进入了200美金一个月的Pro版本,所有的高阶模型,包括O1和高级语音模式的使用将不再有任何的限制。 那后续的话OpenA ...

Industry and Company Involved * **Industry**: AI Large Model Application * **Company**: Not specified, but the report discusses various players in the AI large model application industry, including cloud providers, AI application development companies, and emerging large model application development service providers. Key Points and Arguments 1. **Driving Factors for AI Large Model Application**: * **Policy Support**: Governments at both national and local levels have accelerated the issuance of policies related to AI application and large models, focusing on data security, technological innovation, and application落地. * **Technological Breakthroughs**: Advances in deep learning, natural language processing, and multi-modal technologies have provided strong support for the development and application of AI large models. * **Transformation Needs**: In the face of fierce market competition and changing demands, enterprises urgently need AI to empower the improvement of operational efficiency and innovation capabilities. 2. **Challenges in AI Large Model Application**: * **Lack of Tools and Solutions**: Enterprises face challenges in data processing, lack of end-to-end solutions, and data privacy and security issues. * **Diverse and Complex Computing Power**: The diversity of computing power and models makes it difficult for enterprises to adapt and match. * **Complex and High Barriers**: The entire process from development to deployment of AI large model applications is complex and has high barriers. 3. **Solutions and Practices**: * **Full-Process Solutions and Professional Capabilities**: Service providers need to provide full-process solutions and comprehensive professional capabilities to help enterprises solve problems in all aspects of AI large model application development and deployment. * **One-Stop Solutions**: One-stop solutions covering data preparation, model selection, training, customization, deployment, integration, testing, and operation and maintenance can help enterprises efficiently implement AI large model applications. * **Benchmark Case Analysis**: By analyzing benchmark cases, enterprises can better understand the application path of AI large model applications and formulate their own strategies. 4. **Future Trends and Strategies**: * **Trend 1: Intelligent Agents Develop towards Single Intelligent Agent Ability Expansion and Multi-Agent Collaboration**: The application scenarios of intelligent agents are extensive, and the future will see the expansion of the boundaries of single intelligent agents and the construction of multi-agent collaboration mechanisms. * **Trend 2: Data-Driven Decision Making**: Enterprises will increasingly rely on data analysis and prediction models to provide decision-making support for management and promote digital transformation and intelligent upgrading. * **Trend 3: Deep Integration with Business**: Enterprises will explore the integration of AI large model applications with core business processes to achieve automation and intelligence, further enhancing competitiveness and innovation capabilities. * **Strategy 1: Focus on Business Scenario Demand and Reasonably Select Models**: Enterprises should analyze their business needs and select appropriate models based on their specific scenarios. * **Strategy 2: Evaluate Data Richness and Quality**: Enterprises need to ensure that they have sufficient data to support model training and evaluation, and pay attention to data diversity, timeliness, and privacy protection. * **Strategy 3: Establish a Continuous Learning and Iteration Mechanism**: Enterprises need to establish performance monitoring and feedback mechanisms for AI large model applications and continuously optimize models based on business needs and user feedback. * **Strategy 4: Explore Deep Integration with Business**: Enterprises should explore the integration of AI large model applications with core business processes to achieve automation and intelligence. * **Strategy 5: Clarify Task Nature and Optimize Processes**: Enterprises need to clarify the nature of tasks and optimize processes based on business logic. * **Strategy 6: Clarify Technical Selection and Compatibility**: Enterprises need to consider factors such as framework maturity, ease of use, scalability, and compatibility with existing systems when selecting AI large model frameworks. * **Strategy 7: Cultivate Independent AI Talent and Teams**: Enterprises need to introduce and cultivate AI professionals to support the continuous development and innovation of AI large model applications.

各位投资人早上好我是广发传媒互联网分析师尹雨晴今天早八点呢主要是给大家更新一下我们主推方向AI和短剧近期的催化试定以及观点那先看短剧其实近期投资人比较关心的事件就是抖音短剧的新规其实新的这个短剧结算的方案是11月23号就已经 总结来看的话新规不仅调整了这个付费模式和广告营销模式的收益分配比例还推出了两项激励政策主要就是在激励创作者更加积极的上传 优质的这个短剧那在付费模式之下短剧收益创作者和品牌是调整为七三分特定的情况之下创作者还可以获取99%的收益广告营销模式的话就比较复杂收益的话会综合考虑短剧的播放量人均播放次数和广告质量等多项因素那新政的执行呢其实有望成为说抖音短剧市场这个 内容创作者在其中也有望能够持续的受益 普通话中文普通话中文普通话中文普通话中文 红果的这个商业模式的话主要就是广告收入内容方获取分账根据红果的这样的一个官方披露的数据来看九月份的时候红果的分账数据就超过了两个亿然后十月份的时候分账的这个数据就超过了两点五个亿也说明了红果本身的一个广告收入呈现像快速逐月还比提升的这个态势 整体来看的话我们是看好说明年转局市场规模在今年的基础上进一步的增长的同时出海也将进一步贡献产业链从业者的这个收益那 ...

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Asia Pacific Equity Research 02 December 2024 J P M O R G A N Asian Tech Key takeaways (and transcript) from expert call on AI ASIC development | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|----------------------------------------- ...

Summary of Conference Call Notes Company and Industry Overview - The conference call discusses the developments in the AI industry, particularly focusing on the company's AI models and applications, including the launch of various AI products and their market performance [1][2][3]. Key Points and Arguments 1. **AI Model Development**: The company has launched the "Doubao" model, which achieved a daily token usage of over 500 billion by July and exceeded 1.3 trillion by September 2023, indicating strong adoption and usage [1]. 2. **Product Portfolio**: The company has over 15 AI applications across various sectors, including education, e-commerce, and social interaction, showcasing a diverse product strategy [2]. 3. **Internal Competition**: The development of AI products is driven by multiple internal teams competing against each other, which fosters innovation and rapid deployment of new applications [2]. 4. **User Engagement**: As of October, three key products reached monthly active users of over 12 million, 16 million, and 18 million, reflecting significant user engagement [4]. 5. **Market Positioning**: The company is not always the first to market but quickly follows competitors, leveraging its large user base and data capabilities to enhance AI model performance [4]. 6. **Pricing Strategy**: The company reduced the price of its "Doubao" model to 0.0008 yuan per daily token, setting a competitive price point that triggered a price war among major players like Alibaba and Tencent [4]. 7. **Commercialization Opportunities**: The company sees substantial potential in monetizing AI applications, advertising, and cloud services, indicating a broad revenue outlook [5]. 8. **TikTok's Commercialization**: There is a focus on TikTok's potential for accelerated commercialization, particularly in advertising and e-commerce, which remains underdeveloped compared to competitors [5][6]. 9. **Investment Recommendations**: Suggested investment strategies include focusing on marketing companies that serve TikTok, domestic content partners, and companies involved in cross-border e-commerce and live-streaming operations [6][7]. Additional Important Insights - The company emphasizes the importance of regulatory developments for TikTok's future commercialization efforts, with plans to leverage products like Lemon8 to capture traffic if necessary [6]. - The call highlights the potential for growth in short video platforms and gaming, suggesting that companies in these sectors could benefit from the company's AI advancements [7].

感谢大家参加本次会议会议即将开始请稍后 大家好欢迎参加华创传媒AI新视角第325期早点十分钟目前所有发挥者已经出于静音状态上面开始播放您的声音本次电话会议仅服务于华创证券研究所客户不构成投资建议相关人员应自主做出投资决策并自行承担投资风险华创证券不应使用本次内容所导致的任何损失承担任何责任 专家发言内容仅代表专家个人观点不代表本公司观点本次会议内容不得涉及国家保密信息内幕信息未公开重大信息商业秘密个人隐私不得涉及可能引发不当炒作或股价异常波动的敏感信息不得涉及影响社会或资本市场稳定的言论未经华创证券事先书面许可 任何机构或个人不得以任何形式复制、刊载、转载、转发、引用本次会议内容否则,由此造成的一切后果及法律责任由该机构或个人承担本公司保留追究其法律责任的权利市场有风险,投资需谨慎 各位领导大家早上好我是华尔街传媒的手机分析师刘欣给大家汇报一下观点昨天股资的前期指标广播是有一个比较大的回桥但这块其实我们说它是前期指标但理论上来说其实后续它的走势除了资金的东西比较重要之外后面其实是很难通过基本面或者逻辑去判断了 所以可能就是确确实实最近觉得就是收益比较够了那我们还是强调那句话就是骨子的主题其实我们从这周开始就说 ...

Jefferies EUROPE | Food & HPC Equity Research November 29, 2024 | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------| | | | | Expert Call: Future Use of Data and A ...

单投资风险华创证券不应使用本次内容所导致的任何损失承担任何责任专家发言内容仅代表专家个人观点不代表本公司观点本次会议内容不得涉及国家保密信息内幕信息未公开重大信息商业秘密个人隐私不得涉及可能引发不当炒作或股价异常波动的敏感信息 不得涉及影响社会或资本市场稳定的言论未经华创证券事先书面许可任何机构或个人不得以任何形式复制、刊载、转载、转发引用本次会议内容否则由此造成的一切后果及法律责任由该机构或个人承担本公司保留追究其法律责任的权利 市场有风险投资需谨慎最近的情绪还是非常的好包括股资玩具AI硬件等等 都已经是在持续的在创新高然后高标在创新高然后很多公司都在持续的这个快速增长的过程中然后所以我说股价啊所以我还是觉得市场的情绪是非常好的然后包括一些大盘的一个整个市场的整个状态啊很多人经过一次两次三次之后终于确定说这个还是一个非常怎么说呢很有很有很有这个 确定性是牛市然后很有机会在这里打一个市场然后传媒这边呢除了一直在持续我们觉得到了其实是偏高潮高潮以及高潮之后的这个时期的这个骨子之外呢我们觉得像AI玩具其实一开始的时候是跟骨子一起的但是其实AI玩具本身它前途也还可以我觉得像AI玩具方向然后另外的话呢像短剧和TikT ...

其实目前来看我们之前一直提示然后也是着眼推荐的骨子AI满趣这个方向我们觉得从主题的角度已经进入到了非常热度非常高然后同时扩散在比较多的这样一个状况里面 后续的话情绪指标大家可以关注一下广播股份可以建立关注的方向当然包括奥菲要去上映中文然后时封文化我觉得作为前期的高标后面也看他的一个走势也会比较重要然后除了这个方向之外我们建议大家或者是底部然后去重视两个方向一个就是影视这边的短剧 短剧呢主要是因为红果它这块增速非常的高国内的红果是今年可能要达到五百亿市场的这样一个短剧市场下红果目前MAU已经超过了一个亿然后关注一下像中文在线啊欢瑞啊然后上影也成这样的一些公司吧包括华佩影艺等等 然后长距这块的话呢主要还是看那个这个春天档春天档可能今天吧九时就会听到然后如果有别的的话大家可以关注一下至于游戏的话呢我觉得就还是凯茵完美这个神龙太岳巨人这些然后AI这块呢主要还是以这个硬件然后以及我们之前说的这个后面节奏节要紧凑的像AI声音啊AI影视啊AI眼镜 这块如果大家有细致的比较细节的关注的话可以联系我们海南然后我再提示一下如果以12月份为月度为关注点的话我觉得大家可以重视一下就是刚才提到的影视和国企影视呢主要原因是因为又有短剧的 ...