Zhi Tong Cai Jing·2025-12-05 06:59Core Insights - Goldman Sachs anticipates more AI developments in the upcoming quarters, which will be integrated into Xiaomi Group's ecosystem and its AIoT devices, driving differentiated growth and supporting Xiaomi's "people, vehicles, and home" upgrade strategy [1] - ByteDance has launched a technical preview of the Doubao mobile assistant, designed for smartphone brands, integrating a large language model into the operating system for visual content interpretation and multi-step tasks [1] - Xiaomi is actively exploring both edge and cloud-based large language models to meet diverse needs for flexibility and convenience, having released several specialized large language models covering various domains [1] Group 1: Xiaomi Developments - Xiaomi is expected to benefit from AI advancements that will enhance its ecosystem and AIoT device capabilities, with a target price set at 53.5 HKD [1] - The company has introduced multiple specialized large language models, including the newly launched MiMo-Embodied model on November 21 [1] Group 2: ByteDance Initiatives - ByteDance's Doubao mobile assistant is embedded in the new Nubia M153 smartphone, indicating a strategic expansion into mobile internet infrastructure and smartphone ecosystems [1] - The Doubao mobile keyboard was previously launched on iOS and Android platforms, showcasing ByteDance's commitment to enhancing mobile user experience [1]