计算机行业专题：火山引擎FORCE总结及API收入预期

Industry Investment Rating - The report maintains an "Outperform" rating for the industry [2] Core Viewpoints - Doubao large model updates enhance AI capabilities, driving multi-industry applications and developer ecosystem growth [4] - Doubao general model Pro has improved by 32% since May, fully aligning with GPT-4o capabilities [16] - Volcano Engine's AI search engine supports multimodal understanding, improving search efficiency [25] - Doubao API call revenue is projected to reach 21.9 billion yuan annually with 100 trillion daily token calls [36] Doubao Large Model Progress - Daily token usage of Doubao general model exceeds 4 trillion, a 33x increase from May [9] - Doubao large model is integrated with 80% of mainstream car brands and 300 million smart devices [9] - Call volume in information processing scenarios increased 39x in the last 3 months [9] Visual Understanding Model - Doubao visual understanding model supports text and image input, simplifying application development [13] - The model can recognize objects, scenes, and perform complex logical calculations [13] - Input price is 0.003 yuan per 1,000 tokens, 85% cheaper than industry average [13] Model Family Upgrades - Doubao general model Pro shows significant improvements in reasoning (13%), code (58%), and math (43%) [16] - Doubao music model 4.0 supports full-song creation and lyric modification [18] - Doubao text-to-image model 2.1 enables high-quality image editing and poster generation [18] - Doubao 3D generation model integrates with veOmniverse for efficient 3D scene creation [18] Video Generation Model - Doubao video generation model is available on Jiemeng app and web, with enterprise services launching in January 2024 [22] - Jiemeng supports dynamic poster generation with text, visuals, and layout integration [23] AI Application Development - Volcano Engine's AI search engine offers personalized recommendations and multimodal understanding [25] - Kouzi 1.5 attracts over 1 million active developers and supports multiple application formats [25] - HiAgent 1.5 provides enterprise-level AI transformation support with 100+ industry templates [25] AI Infrastructure Innovation - Volcano Engine introduces GPU instances with vRDMA network for improved training efficiency [31] - EIC elastic cache reduces model inference latency to 1/50 and cuts costs by 20% [31] - Data Flywheel 2.0 enhances data feedback efficiency and accuracy for large models [32] API Revenue Calculation - Doubao API call revenue is projected at 21.9 billion yuan annually with 100 trillion daily token calls [36] - Assumptions include 40% paid API calls and 1.5 yuan per million tokens [36]