GUOTAI HAITONG SECURITIES·2025-08-04 15:13AI Industry Trends - ByteDance has open-sourced its AI Agent "Coze," which supports commercial use and has over 6,000 stars on GitHub, providing a platform for developing intelligent agents without coding[14] - The "Step 3" model by Jieyue features 321 billion total parameters and 38 billion activated parameters, achieving a 300% inference efficiency compared to DeepSeek-R1, with expected revenue of nearly $1 billion in 2025[11] - Ant Group released the financial reasoning model "Agentar-Fin-R1," which outperforms similar models in multiple financial evaluations and is based on a comprehensive financial dataset[16] AI Applications and Platforms - SenseTime launched the "Wuneng" embodied intelligence platform, featuring a multimodal reasoning model that improves cross-modal reasoning accuracy by 5 times compared to Gemini 2.5 Pro[8] - Huawei introduced the AI-Box platform, designed for lightweight edge deployment, supporting local execution of multimodal large models with low power consumption[9] - Tencent's Tairos platform offers modular services for multimodal perception and planning, focusing on enhancing robotic software capabilities[10] AI Model Developments - Zhiyuan released the GLM-4.5 model, which integrates reasoning, programming, and agent capabilities, achieving top performance in global open-source model benchmarks[17] - JD Cloud announced the open-source enterprise-level intelligent agent "JoyAgent," which supports multi-agent collaboration and has been tested in over 20,000 internal applications[18] - ByteDance and Nanjing University developed the CriticLean framework, improving the accuracy of mathematical formalization from 38% to 84%[19] Market Risks - AI software sales are below expectations, leading to adjustments in capital expenditure plans and slower iteration speeds for core AI products[34]