行业周报：AI应用向Agent进化，Robotaxi市场化进程提速-20260308

Investment Rating - The industry investment rating is "Positive" (maintained) [1] Core Insights - The AI application is evolving from Chat to Agent, which is expected to accelerate commercialization and benefit cloud computing expansion [4][17] - The Robotaxi market is poised for rapid development due to technological advancements, cost reductions, and policy support, with significant milestones achieved in major Chinese cities [5][21] Summary by Sections Internet Sector - AI applications are transitioning from Chat to Agent, enhancing task automation and efficiency, with a projected increase in active Agents from approximately 28.6 million in 2025 to 2.216 billion by 2030, representing a compound annual growth rate (CAGR) of 139% [17][18] - The demand for AI cloud services is expected to grow as open-source model capabilities improve, with key players like Alibaba, Pinduoduo, and Baidu recommended for investment [4][35] Autonomous Driving - The Robotaxi market is advancing, with significant operational profitability achieved by Xiaoma Zhixing in Shenzhen and Guangzhou, indicating a shift towards market viability [5][21] - The number of paid orders for Robotaxi in Shenzhen has surpassed the total for the previous year, with daily average orders significantly increasing during the 2026 Spring Festival [21] Weekly Data Update - The Hang Seng Internet Technology Index fell by 3.6%, underperforming the CSI 300 Index, while JD Group saw a 2.1% increase [12][25] Investment Recommendations - In the internet sector, focus on AI commercialization and application expansion, recommending Alibaba, Pinduoduo, and Baidu, with Tencent as a beneficiary [35] - In the computer sector, recommend companies benefiting from IT spending by state-owned enterprises, including Kingdee International and BaiRong Cloud [35] - In the automotive and autonomous driving sector, recommend XPeng Motors, Xiaomi, and Tesla, along with autonomous driving solutions from Baidu and Xiaoma Zhixing [35]