360 Security Technology (SH:601360) 中国基金报·2025-08-06 13:28Core Viewpoint - The chairman of 360, Zhou Hongyi, stated that AI large models must evolve into intelligent agents to become effective productivity tools rather than mere toys [2][4]. Group 1: Pain Points and Evolution of AI Models - Zhou identified two main pain points in the application of large models: insufficient reasoning ability and lack of independent working capability. The former has improved significantly in the past year, while the latter remains unresolved [3]. - Zhou emphasized that large models lack the ability to use tools and perform tasks directly, which limits their effectiveness. He proposed that intelligent agents can address these issues by understanding goals, planning tasks, and utilizing tools to deliver complete results [4]. Group 2: Levels of Intelligent Agents - Intelligent agents are expected to evolve through several levels: - L1: Chat assistants, which are essentially chat tools providing suggestions or emotional support, are considered "toy-level" intelligent agents [4]. - L2: Low-code workflow intelligent agents have progressed from "toys" to "tools," requiring human setup for processes while AI executes tasks to enhance productivity [5]. - L3: Reasoning intelligent agents can autonomously plan and complete tasks, akin to specialized employees, but face limitations in cross-domain complex problem-solving due to a lack of collaborative planning capabilities [5]. - L4: Multi-agent swarms represent a breakthrough in nano AI, where multiple expert agents can flexibly collaborate and execute complex tasks with a high success rate of 95.4% over 1,000 steps, consuming between 5 million to 30 million tokens [5]. Group 3: Company Initiatives - To enable more enterprises to benefit from intelligent agents, 360 recently launched the "Intelligent Agent Factory," allowing companies to customize their own L3 intelligent agents using natural language without programming knowledge. This initiative aims to help every enterprise create its own intelligent agent and combine them into L4 multi-agent swarm teams [6]. Group 4: Market Performance - As of the close on August 6, 360's stock price was reported at 10.95 yuan per share, with a market capitalization of 766 billion yuan [7].