在上海WAIC，800展商无一不想成为黄仁勋

Core Viewpoint - The article discusses the contrasting trends in the AI industry, particularly focusing on the shift from large models to embodied intelligence, as highlighted during the WAIC event, which showcased a significant increase in interest and participation in humanoid robotics [2][8][40]. Group 1: Embodied Intelligence - This year's WAIC saw a notable rise in the popularity of embodied intelligence, with 80 companies participating compared to only 18 last year, indicating a growing market interest [8][16]. - The event featured over 800 exhibitors, with more than 50% being international or from outside the city, showcasing over 3000 exhibits, marking it as the largest WAIC to date [6][8]. - Companies like Yushu Technology and Zhiyuan Robotics emerged as key players, with valuations exceeding 10 billion and 15 billion respectively, and both claiming to achieve annual revenues of around 1 billion [16][24]. - Despite the impressive demonstrations, many companies struggled with actual commercialization, with some reporting minimal sales and a stark contrast between their funding and actual product output [20][21]. Group 2: Large Models - The large model sector has shifted from a focus on technical prowess to a more pragmatic approach, with companies emphasizing real-world applications and revenue generation [27][35]. - Notable companies like Jieyue Xingchen and MiniMax are setting ambitious revenue targets of 1 billion, reflecting a broader trend across the industry [29][36]. - The presence of state-owned capital investment in companies like Jieyue Xingchen signals a strategic shift towards supporting viable business models rather than just technological advancements [30][36]. - The article notes a significant reduction in the number of large model exhibitors, indicating a consolidation within the sector and a move away from mere technical showcases to practical storytelling [35][42]. Group 3: Market Sentiment and Future Outlook - The article raises concerns about the sustainability of the current enthusiasm in the AI sector, suggesting that the pressure to demonstrate immediate commercial viability may stifle innovation and risk-taking [40][44]. - The rapid growth in the embodied intelligence sector, juxtaposed with the challenges faced by large model companies, highlights the uncertainty and volatility within the AI landscape [43][44]. - The potential for a bubble in the market is suggested, as companies chase ambitious revenue goals without clear paths to achieving them, raising questions about the long-term viability of many players in the field [45][46].