春节的这场AI热潮，印证了技术必须扎根场景才能发挥真正价值。场景是技术的试金石，春晚舞台上 的复杂环境暴露了实验室中无法预见的难题，只有在真实场景中经受住各种测试，技术才能从能用走向 好用。场景推动技术进步，数亿用户与AI的每一次互动都在产生海量数据，这些数据反哺大模型，让 大模型更懂人的需求，让算法更智能。场景还定义了技术的价值所在，无论是热闹的红包，还是春晚的 视听震撼，都精准回应了真实需求，才能从炫技走向实用。 热闹之后，行业还需回归长期主义。若只停留在消费端的流量狂欢，AI就难以发挥最大效能。中国拥 有全球最完整的工业体系和丰富多元的应用场景，这才是AI落地生根的最大沃土。当大模型走进生产 线，优化工艺流程，预测设备故障；当人形机器人步入生产车间，承担高危环境作业，完成精密装配， 才能真正激发AI的价值，让技术扎根实体经济，赋能实体经济。 AI与制造业的深度融合，是一场考验耐力的马拉松。春晚舞台追求的是短期的流量爆发，生产车间需 要的则是耐心打造高质量数据集，攻克工业场景下的可靠性、安全性难题。中国AI要告别补贴内卷， 走技术筑基、制造深耕的路子。把消费端积累的能力融入生产核心环节，推动AI应用从消费 ...

本报讯 （成都日报锦观新闻记者 李艳玲） 记者昨日获悉，工信部近日公布了28个案例作为数字赋能基 层减负典型案例，"四川省乡村治理基层减负应用'川善治'"作为典型案例入选。 公开信息显示，"川善治"是由四川省农业农村厅指导、腾讯公司提供技术支持的公益性微信小程序，于 2023年5月全域推广，在全国率先实现基层治理数据互通。 转自：成都日报锦观 数字赋能基层减负典型案例名单公布 "川善治"微信小程序入选 记者打开"川善治"微信小程序看到，截至目前，"川善治"乡村治理平台入驻村庄2.8万余个，服务村民 900余万人，助力乡村治理效能实现新提升。 ...

此阶段核心是自我诊断与战略梳理，为融资奠定基础。 2. 接触投资人（1-2个月） 通过FA（财务顾问）或主动触达启动融资，核心是高效传递企业价值。 BP（商业计划书）优化： D轮融资是企业成长周期中重要的阶段性融资，通常发生在企业经过A/B/C轮验证商业模式、实现规模化增长后，目标多指向上 市前的冲刺、全球化扩张、技术研发突破或行业整合。相较于早期融资（天使/A/B/C轮），D轮更关注企业的规模化盈利能力、 市场领导力、上市可行性及长期战略确定性。以下从融资流程和核心要点两方面展开分析： 一、D轮融资的核心流程 D轮融资流程与早期融资逻辑相似，但因企业体量更大、涉及资金更多（通常数亿至数十亿美元）、投资人决策更谨慎，各环节 需更系统化和精细化。 1. 前期准备阶段（1-3个月） 业务与战略复盘： 明确企业当前市场地位（如市占率、行业排名）、核心增长驱动因素（如用户/收入增速、单店/单用户LTV）、未来1-3年 战略目标（如IPO时间表、新市场拓展、技术落地节点）。需用数据证明"规模化已验证，且具备可复制性"（例如：电商 企业需展示区域扩张后的单仓效率；SaaS企业需展示客户续费率与ARR增速）。 财务与合规优 ...

E轮融资通常是企业在完成D轮后的后续融资，多见于已进入成熟扩张期、接近IPO阶段的公司。此时企业往往具备稳定的收入模式、较大的市场份额，融资 目的多为加速全球化布局、并购整合、技术迭代或为IPO做准备。以下从流程和核心要点两方面详细解析： 一、E轮融资的核心流程 E轮融资流程与早期融资（天使/A/B轮）逻辑相似，但因企业体量更大、涉及利益方更多，各环节更复杂，耗时更长（通常6-12个月）。 1. 前期准备阶段（1-3个月） 2. 投资人接触与筛选（1-2个月） 3. 尽职调查（DD，2-4个月） E轮尽调更深入，覆盖财务、法律、业务、技术四大维度，由主投方牵头，跟投方可能复用部分报告。 4. 交易谈判与签约（1-2个月） 战略与业务梳理 明确企业当前核心目标（如上市、全球化、技术突破），梳理业务增长逻辑（如用户/收入/利润的可持续性）、竞争壁垒（技术专利、网络效应、供 应链优势）及未来3年规划（需具体到市场拓展、成本控制、盈利预测）。 关键动作：对比行业头部企业，量化自身优势（如市占率、毛利率、用户LTV/CAC）。 财务与法律规范 财务：完成最新年度/季度审计（需四大会计师事务所或国内Top所），确保报表符 ...

Core Viewpoint - WeChat has introduced a new feature that allows users to see how many chats a particular image, video, or file has been used in, addressing concerns about storage space usage [1][5]. Group 1: New Feature Introduction - The new feature enables users to long-press on any image, video, or file in a chat to view the option "View the chats that contain this image/video/file" [1]. - Users can see the number of chats that have used the same content, which helps them understand that multiple uses do not increase storage space [5]. Group 2: User Interface and Experience - The interface will display a message indicating that the same image, video, or file used in multiple chats does not occupy additional storage space [3]. - This feature aims to reassure users that forwarding content does not lead to increased file storage, as it merely increases the reference count [5]. Group 3: Storage Management Tips - Users can manage their storage by checking the total usage and specific sections in the WeChat settings under "Storage Space" [6]. - Temporary data generated by various functions can be safely cleared, and users can selectively clear high-resolution images and videos to save space [6]. - The chat record management page allows sorting by file size, enabling users to quickly identify and delete large files [6].

Group 1: AI Industry Developments - In February, China's AI model invocation volume surged, surpassing the US for the first time, with 41.2 trillion tokens compared to the US's 29.4 trillion tokens during the week of February 9-15 [1] - The following week, China's model invocation further increased to 51.6 trillion tokens, marking a 127% rise over three weeks, while the US's invocation dropped to 27 trillion tokens [1] - Four out of the top five global AI models are from China, indicating a collective rise of Chinese AI firms rather than reliance on a single product [1] Group 2: Financial Market Trends - The Hang Seng Tech Index fell by 2.87%, reaching a new low since July, down over 23% from its peak in October [2] - UBS analysts suggest that concerns over AI may create buying opportunities, as Chinese tech giants' capital expenditures are currently lower than their US counterparts [2] - UBS increased its weight on Tencent by 3 percentage points and adjusted weights for other companies like Bilibili and Meituan, while reducing allocations for Vipshop and Alibaba [2] Group 3: Corporate Earnings - Baidu reported Q4 revenue of 32.74 billion RMB, slightly above market expectations, with a quarter-on-quarter growth of 5% and an annual total revenue of 129.1 billion RMB [4] - The intelligent cloud infrastructure segment showed significant growth, with Q4 revenue reaching 5.8 billion RMB and AI high-performance computing subscription revenue increasing by 143% year-on-year [4] Group 4: Currency and Trade - The offshore RMB rose for three consecutive days, surpassing 6.83 against the USD, attributed to improved US-China trade relations and a weaker dollar due to investigations into the Federal Reserve [7] - The recent appreciation of the RMB is also linked to the release of accumulated settlement demand from high export growth [7] Group 5: Lithium Market Insights - Zimbabwe's mining department announced a temporary suspension of all raw and lithium concentrate exports, but industry analysts expect exports to resume within 1 to 4 weeks, with companies reporting sufficient raw material inventories [8] Group 6: Regulatory Changes - The State Administration for Market Regulation has issued new regulations to combat ghost restaurants and false qualifications in the food delivery sector, mandating real-name registration and substantive checks on food business licenses [9]

Market Performance - The U.S. stock market opened mixed with the Dow Jones up by 0.38%, while the Nasdaq and S&P 500 indices were down by 0.24% and 0.04% respectively. As of the report, the Dow Jones was up by 0.27%, the Nasdaq down by 0.84%, and the S&P 500 down by 0.36% [2] - A total of 2,712 stocks rose while 2,381 stocks fell [2] Company Specifics - Nvidia's earnings report exceeded expectations but received a lukewarm response, leading to a stock price drop of over 3.6% [2] - Major Chinese concept stocks mostly declined, with BeiGene down by 6.56%, Beike down by 5.85%, Baidu down by 4.83%, and Luckin Coffee down by 4.71% [3][4] - Baidu reported a year-over-year revenue decrease of 3% for the fiscal year 2025 [3] Commodity Market - International silver prices continued to decline, with COMEX silver futures dropping over 5% and spot silver down by over 3%. As of the report, COMEX silver futures were down by 4.6% and spot silver by 2.55% [7] - Gold prices also saw a slight drop, with COMEX gold futures falling by over 1% [7] Geopolitical Developments - The third round of indirect negotiations between Iran and the U.S. began in Geneva, focusing on nuclear issues. Iran expressed readiness to engage in discussions regarding sanctions and nuclear rights [9][10] - The outcome of these negotiations could significantly impact regional tensions, with potential for either a temporary agreement or a shift towards military options if core disagreements persist [10]

北京时间2月26日晚，美股三大指数开盘涨跌不一，道指涨0.38%，纳指跌0.24%，标普500指数跌0.04%。截至发稿，道指涨0.27%，纳指跌0.84%，标普 500指数跌0.36%。有2712只个股上涨，2381只个股下跌。 | 美股指数 它 | | | | --- | --- | --- | | 道琼斯工业 | 纳斯达克指数 | 标普500 | | 49616.92 | 22957.67 | 6921.13 | | +134.77 +0.27% | -194.41 -0.84% | -25.00 -0.36% | | 美国科技七巨头 | 中概科技龙头 | 中国金龙 | | 63401.74 | 3883.59 | 7399.32 | | -765.02 - 1.19% - 100.39 - - 2.52% | | -146.23 -1.94% | | 道琼斯期货 | 纳斯达克100期货 | 标普500期货 | | 49710 | 25231.75 | 6938.75 | | +176 +0.36% | -150.25 -0.59% | -21.00 -0.30% | | 全美指数涨跌分布 | | | ...

Market Performance - The three major US stock indices opened mixed, with the Dow Jones up by 0.38%, while the Nasdaq and S&P 500 saw declines of 0.24% and 0.04% respectively. As of the report, the Dow was up 0.27%, the Nasdaq down 0.84%, and the S&P 500 down 0.36% [1] - A total of 2,712 stocks advanced while 2,381 stocks declined [1] Company-Specific Developments - Nvidia's earnings report exceeded expectations but received a lukewarm response, leading to a stock price drop of over 3.6% [1] - Among popular Chinese concept stocks, the majority experienced declines, with BeiGene down 6.56%, Beike down 5.85%, Baidu down 4.83%, and Luckin Coffee down 4.71% [5][6] Commodity Market - On February 26, international silver prices continued to decline, with COMEX silver futures dropping over 5% at one point, and spot silver down over 3%. As of the report, COMEX silver futures were down 4.6% and spot silver down 2.55% [9] - Gold prices also saw a slight drop, with COMEX gold futures down over 1% [9] - WTI crude oil fell nearly 3%, while Brent crude oil dropped over 2% [11] Geopolitical Developments - The latest round of US-Iran negotiations began in Geneva, focusing on nuclear issues, with Iran expressing a willingness to discuss sanctions relief and nuclear rights [14] - The negotiations are at a critical stage, with potential for a temporary or phased agreement to ease regional tensions, but failure to resolve core differences could lead to a breakdown in diplomatic efforts and increased military risks [15]

转自：新华财经 新华财经上海2月26日电（李一帆）作为内容消费的黄金窗口期，春节档历来是影视行业的"必争之地"。不同场景适配不同人群，电影提供线下社交的仪式 感，长剧集满足居家的观看需求，而微短剧则填补了碎片时间。 从2023年起，随着红果、快手等平台在春节档集中发力，凭借时长短、节奏快的特点，微短剧迅速占据了居家与碎片消费的重要位置。伴随2026年春节长达 九天的假期，市场竞争加剧，红果、快手、腾讯、爱奇艺、芒果TV等主要平台纷纷加码布局。微短剧的春节档，迎来一轮从内容制作、题材创新到运营玩 法的全面焕新。 反观微短剧市场，却开启了一个充满活力的春节档。自2024年短剧《我在八零年代当后妈》走红后，行业便将春节假期锁定为发力关键期。到2025年，国家 广电总局发布"微短剧陪你过大年"推荐片单，进一步提升春节档对于微短剧的重要性。 进入2026年，这一趋势更加明显。据新华财经不完全统计，春节假期期间，红果、快手、腾讯等平台共计上线千余部短剧，其中《穿书富家妯娌，我和闺蜜 齐上阵3》（以下简称《穿书富家妯娌3》）《十八岁太奶奶驾到，重整家族荣耀4》（以下简称《太奶奶4》）《昼以继夜》《糟糕，和闺蜜一起穿书后把反 ...