AI应用步入业绩兑现与端侧爆发的双轮驱动期

Core Insights - The SuperCLUE-VLM multimodal visual language benchmark for December has been released, with Google's Gemini-3-pro scoring 83.64, leading the rankings, while ByteDance's Doubao model scored 73.15, showcasing the competitiveness of domestic models [1] Group 1: Benchmark Results - The evaluation assessed multimodal large models across three dimensions: basic cognition, visual reasoning, and visual applications [1] - Gemini-3.0 and GPT-5.2 have achieved generational leaps in multimodal understanding and autonomous collaboration capabilities [1] Group 2: Market Trends - The domestic and international large model iterations have entered a new phase characterized by "deep reasoning + agents," with AI applications entering a dual-driven period of performance realization and edge explosion [1] - Doubao's daily usage has surged to become the third highest globally, indicating strong market adoption [1] Group 3: Investment Insights - According to a report from China Merchants Securities, the investment logic in the AI industry chain is shifting from "computing power competition" to "application value" [1] - There is a significant focus on AI-driven software and high-growth edge hardware companies as key investment areas [1] - The ARR of B-end software, exemplified by Salesforce Agentforce, has increased by 330% year-on-year, marking a substantial commercialization phase for AI agents [1]