海通证券：第四范式先知AI平台业务表现出色

Group 1 - The core viewpoint of the article highlights that Fourth Paradigm has maintained a steady growth trend in the first three quarters, supported by the strong performance of its core business, the Prophet AI platform, and an increase in both customer numbers and benchmark clients, confirming the viability of the company's business model [1] - The SHIFT intelligent solutions and the Shishuo AIGS service, while experiencing fluctuations due to business expansion strategies, have shown stable development and serve as important supplements to the Prophet AI platform, closely aligning with the growth of the company's core business [1] - The company places significant emphasis on the practical commercialization of AI, constructing an AI product matrix through the "Prophet Inside model" and actively expanding its customer base, while continuously releasing advanced development tools to lower the difficulty of AI development, which may accelerate the company's AI commercialization efforts in the future [1] Group 2 - As a leading platform-based AI company, it is on a stable and promising growth trajectory, with long-term growth prospects being highly anticipated [2]