计算机行业点评：Figure“单飞”，端到端具身智能未来可期

Investment Rating - The industry investment rating is "Outperform" [10] Core Viewpoints - The end-to-end model is considered a promising solution for addressing embodied intelligence issues, with significant breakthroughs expected in humanoid robot development [3][5] - 2025 is anticipated to be the "year of mass production" for humanoid robots, with various companies in the industry expected to benefit from this trend [3][5] Summary by Relevant Sections Industry Investment Rating - The report rates the computer industry as "Outperform," indicating an expectation that the industry index will perform better than the benchmark index over the next 6-12 months [10] Key Insights - The end-to-end model integrates control strategies, multi-modal perception, and reinforcement learning, which are expected to enhance the performance of embodied intelligence and accelerate response times [3] - Significant advancements in humanoid robot training speed are anticipated due to new technologies introduced at CES, such as NVIDIA's platforms that facilitate the generation of synthetic motion data and create realistic digital twin environments [5] - The release of DeepSeek's complex reasoning model and multi-modal AI model is expected to bridge the gap between a robot's perception and understanding, thereby improving decision-making and response speed [5] - Companies involved in humanoid robot production, such as Tesla, are planning substantial increases in production capacity, with expectations of reaching 1,000 units per month by 2025 [5] Related Companies - Companies positioned to benefit from the anticipated growth in humanoid robotics include SoftTech, Ninebot, UBTECH, and others involved in the robotics and AI sectors [5]