睿智投资|AI主题研究 - 模型调用成本下降,应用生态有望逐步繁荣

Group 1: AI Market Trends - The emergence of open-source large models has lowered the development threshold for B-end software, potentially boosting the software ecosystem with more small and medium developers engaging in secondary development[1] - Key sectors for AI application growth include online advertising, search, CRM, office collaboration, and programming, which are expected to have higher AI contribution rates and faster revenue growth[1] - E-commerce, online advertising, tourism, gaming, healthcare, finance, education, and industrial manufacturing are projected to have larger potential monetization scales compared to other industries[1] Group 2: Investment Opportunities - The report highlights three types of companies to focus on: AI cloud companies, companies with mature AI application products, and companies where AI can significantly empower their core business[1] - The AI infrastructure investment opportunities include the computing power supply chain, edge computing, and foundries, with specific beneficiaries like Zhongji Xuchuang and SMIC[2] - The year 2025 is anticipated to be pivotal for AI application commercialization due to decreasing model training and API calling costs, narrowing gaps between open-source and closed-source models, and advancements in AI product development since 2023[3]