2025年7月2日上午，第三届国家网络防御与安全展览与会议(CYDES 2025)期间，由中国丝路集团及旗 下子公司丝路之舟联合承办的中国专题论坛在马来西亚布城国际会议中心圆满举行。作为本届CYDES 2025的重要组成部，分，中国专题论坛以"共建东盟网络安全韧性:中国网络安全自主实践经验"为主 题，汇聚中马两国政府代表、行业专家及网络安全企业，共同探讨区域网络安全合作新路径。 在论坛开幕之际，马来西亚首相安瓦尔发文祝贺，由国家安全委员会主任YM Raja Dato Nushirwan Zainal Abidin在会场宣读贺词。首相在贺词中表示，作为东盟轮值主席国，网络安全是马来西亚的重要 优先议程。马来西亚致力于建设一个以开放、信任和共同进步为核心的东盟网络安全共同体。中国在人 工智能、大数据、量子计算和自主网络防御等领域的领先经验，为东盟网络安全能力建设提供了宝贵借 鉴。首相希望本次论坛能够促成新的合作伙伴关系，取得务实成果，推动建设更安全、更具韧性的区域 网络未来。 中国驻马来西亚大使欧阳玉靖、马来西亚国家安全委员会主任YM Raja Dato Nushirwan Zainal Abidin、 中国丝路 ...

Core Viewpoint - The "Irrational Exuberance Index" developed by Barclays has surpassed the warning threshold of 10.7%, indicating a resurgence of speculative trading in the U.S. stock market, reminiscent of past market bubbles [1][2]. Group 1: Market Indicators - The "Irrational Exuberance Index" has reached a monthly average of 10.7%, the first time it has crossed the double-digit threshold since February, with a historical average of around 7% [1]. - The index is based on derivatives market data, volatility indicators, and options market sentiment signals, and has previously peaked during the late 1990s internet bubble and the 2021 retail trading frenzy [1]. - The market is currently characterized by speculative trading, with significant increases in popular concept stocks and traditional fundamental analysis becoming less effective [2]. Group 2: Market Sentiment and Performance - Optimism in the market is driven by expectations of trade agreements between the U.S. and major partners, as well as speculation that the Trump administration may delay tariff implementation [2]. - The SPAC issuance has rebounded significantly, with the number of new SPACs in 2025 already exceeding the total for the previous two years [2]. - The ARK Innovation ETF has recorded one of its highest annual gains, with specific sectors showing extreme performance: Bitcoin-related stocks surged by 78%, quantum computing stocks rose by 69%, and meme stocks averaged a 44% increase [2]. Group 3: Risk and Recommendations - The index readings indicate overly exuberant investor sentiment, which poses a risk of increased market volatility [2]. - There is a strong correlation between the index and net borrowing positions in margin accounts, reflecting high retail participation [2]. - Despite the presence of bubble signals, timing the market remains challenging, and historical trends suggest bubbles can last longer than expected [2].

Core Viewpoint - Europe is at risk of falling behind in the quantum technology race, similar to its experience in artificial intelligence, as it struggles to convert research into market opportunities and attract significant investment compared to the US and China [1][2][4]. Investment Landscape - The EU has only attracted 5% of global private quantum technology funding, while the US and China have secured over 50% and 40% respectively [1]. - The EU has committed €11 billion to quantum technology, but there is a need for better resource integration to enhance impact [5]. Commercialization Challenges - Europe leads in scientific publications in quantum technology but ranks third in patent applications, trailing behind the US and China [1]. - Companies in Europe face difficulties in scaling due to a lack of sufficient support and venture capital [4][5]. Strategic Initiatives - The EU's strategy includes launching two major challenges between 2025 and 2027, focusing on quantum computing and quantum navigation systems [7]. - The EU plans to support innovation-oriented procurement to help companies commercialize technology, although specific implementation details are lacking [7]. Regulatory Environment - There is a debate on whether Europe will allow the quantum industry to develop freely, given the sensitivity of quantum technology related to national security [2]. - Industry leaders caution against premature regulation, referencing the EU's previous regulatory approach to artificial intelligence as a potential misstep [7].

原标题：我科学家实现超快高保真度中性原子态探测 记者6月25日从中国科学技术大学获悉，中国科学院院士、该校教授郭光灿团队在中性原子量子信 息研究领域取得重要进展。团队成员李传锋、王健研究组利用光纤微腔与中性原子的普塞尔（Purcell） 区域耦合，实现了超快高保真度的原子态读出，其速度和保真度均创造公开报道最高纪录。该成果论文 日前发表于《物理评论快报》。 研究人员认为，该成果实现了超快高保真度的原子态读出，对于减少量子计算中的时间和物理资源 消耗，以及实现长程可扩展量子网络具有重要意义。（记者吴长锋） 光纤微腔—中性原子腔量子电动力学系统示意图。受访单位供图 针对这个问题，研究组利用工作在普塞尔区域的光纤微腔—中性原子腔量子电动力学系统，在提高 光子收集效率的同时，极大增强了原子的光子辐射速率。该系统的协同因子达到4.7，原子的自发辐射 速率提升了约10倍，展现出作为高性能中性原子—光子量子接口和量子网络节点的潜能。 在此基础上，研究组利用对闭循环跃迁的强共振驱动，结合低动量转移的激发策略，将腔内读出光 子的探测计数率提升至18M/s。凭借极高的荧光亮度，他们在200纳秒的时间窗口内实现了保真度达 99.1 ...

Core Insights - Rigetti Computing has gained significant attention in the U.S. stock market due to Cantor Fitzgerald initiating coverage with a "buy" rating and a target price of $15, indicating Wall Street's growing interest in quantum computing as a lucrative investment opportunity [1][2] - The quantum computing sector is still in its infancy but is recognized as a highly sought-after technological milestone with potential for substantial economic impact in the future [1][3] - Major tech companies like NVIDIA, Microsoft, and IBM are heavily investing in quantum computing, signaling a competitive landscape and the potential for significant advancements in commercial applications [1][4][8] Company Developments - Rigetti recently completed a $350 million stock issuance to strengthen its balance sheet [2] - NVIDIA's CEO Huang Renxun highlighted that quantum computing is approaching a critical technological turning point, with the potential to solve significant global issues in the coming years [4][5] - Cisco has announced its entry into the quantum computing field by showcasing a prototype chip for connecting quantum computers, indicating a broadening interest in the sector [6] Industry Trends - The concept of a "Transformer moment" in quantum computing is emerging, which refers to the development of controllable and commercially valuable quantum computing applications [7][8] - Recent advancements in technologies such as ion traps and quantum annealing are paving the way for practical quantum computing applications, moving from theoretical concepts to real-world implementations [7][8] - The involvement of major tech giants and government support is expected to accelerate the commercialization of quantum computing on a global scale [8]

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The AI industry is witnessing significant advancements with major companies like Meta and Google launching new products and features, indicating a competitive landscape and innovation drive [1][4][7][21] - Notable funding activities include Delphi's $16 million Series A round led by Sequoia and Thinking Machines Lab's record $2 billion seed round, highlighting investor confidence in AI startups [5][6] - The introduction of Tesla's Robotaxi service marks a significant step in autonomous vehicle deployment, with initial operations in Austin, Texas [17] Summary by Sections 1. AI Industry Dynamics - Meta has recruited four key researchers from OpenAI, which may enhance its AI capabilities following the release of Llama 4 [4] - The competition between Meta and OpenAI has intensified, with significant financial incentives being offered for talent acquisition [4] 2. AI Application Insights - Anthropic has updated its Claude chatbot to allow users to create AI applications without programming knowledge, broadening accessibility [7] - Google has launched the open-source Gemini CLI, which offers extensive features for developers, including high usage limits [8] - The AlphaGenome tool from Google can read large DNA sequences, significantly advancing genetic research capabilities [9] 3. AI Large Model Insights - Microsoft's Mu model, with only 330 million parameters, achieves performance comparable to models with ten times the parameters, showcasing efficiency in AI model design [22] - Sakana AI's new "Reinforcement Learning Teacher" paradigm demonstrates improved training efficiency for AI models, reducing training time significantly [23] 4. Technology Frontiers - CMU has developed a compiler that optimizes large language models, reducing inference latency significantly [24] - Netflix is expanding its VR experiences with a new immersive space, indicating a growing trend in entertainment technology [25] - Microsoft has made a breakthrough in quantum computing, significantly reducing error rates in quantum bits [26]

Investment Rating - The report maintains an investment rating of "Outperform" for the industry [3]. Core Insights - The launch of Tesla's Robotaxi marks a significant step towards the commercialization of autonomous ride-hailing services, with plans to expand the fleet to thousands of vehicles within months [22][39]. - Major advancements in quantum computing have been achieved, particularly with Microsoft's introduction of the 4D topological quantum error correction code, which significantly enhances error rates and operational efficiency [40][41]. Summary by Sections Robotaxi Launch - Tesla's Robotaxi was officially launched in Austin, Texas, with an initial deployment of about 10 vehicles, limited to invited users and specific operational areas [22][24]. - The Robotaxi utilizes the next-generation Full Self-Driving (FSD) system, which has a model parameter volume 4.5 times larger than the current version, and is expected to be fully operational later this year [24][25]. - The FSD system is designed to operate without pre-learning routes and is capable of point-to-point travel, with a fixed fare of $4.2 for rides [39]. Quantum Computing Breakthrough - Microsoft announced a significant breakthrough in quantum computing with the 4D topological quantum error correction code, which improves encoding efficiency and reduces error rates by 1000 times compared to 2D codes [40][41]. - This new technology will be integrated into Microsoft's Azure Quantum platform, enhancing research and development capabilities in various fields [40][41]. - The 4D topological code requires fewer physical qubits for each logical qubit, thus paving the way for more efficient quantum computing hardware [41]. Market Predictions - Frost & Sullivan predicts that the Robotaxi market will begin large-scale commercialization by 2026, with a projected market size of approximately 500 billion yuan in China by 2030 [39]. - The quantum computing market is expected to grow significantly, with IDC forecasting sales to reach $7.6 billion by 2027, reflecting a compound annual growth rate of 48.1% from $1.1 billion in 2022 [40].

Group 1 - The "2025 Artificial Intelligence Development White Paper" indicates that by the end of 2024, the number of AI-related companies in China will reach 13,069, ranking second globally, with the US leading at 18,616 [1] - Shenzhen is projected to have over 2,000 AI-related companies by the end of 2024, ranking third in the country, including 143 recognized as "specialized and innovative" small giant enterprises and 744 as specialized and innovative small and medium enterprises [1] - Over 60% of AI companies in Shenzhen are focused on the application layer, highlighting an "application-driven" characteristic, with concentrations in smart security, intelligent robotics, and smart manufacturing [1] Group 2 - The demand for talent in Shenzhen's AI sector is expected to grow explosively in 2024, with core job recruitment increasing by over 40% year-on-year, particularly in cutting-edge fields such as large models (474.4% growth), smart chips (192.2% growth), and virtual/augmented reality (136.1% growth) [2] - Shenzhen's government has opened 4,065 data sets, providing over 2.82 billion data points, and the data trading scale is approximately 16.7 billion yuan, leading the nation [2] - The city has established and is building intelligent computing power exceeding 62 EFLOPS, with supply scheduling scales surpassing 30,000 PFLOPS [2] Group 3 - The white paper emphasizes that AI is at a critical transition from quantitative to qualitative change, with the integration of quantum computing, supercomputing, and intelligent computing representing the ultimate form of computing power [3] - Humanoid robots are driving the industrialization of embodied intelligence, while brain-machine interfaces are expanding into education, entertainment, and military sectors [3] - Intelligent agents are becoming a key pathway for the realization of Artificial General Intelligence (AGI) through autonomous perception, decision-making, and execution [3]

Core Viewpoint - The European Commission is set to unveil an ambitious plan to establish a competitive quantum computing ecosystem in Europe, addressing funding and expertise challenges in the sector [1][2]. Group 1: Funding and Investment Challenges - The lack of funding opportunities, particularly in venture capital, is forcing many European quantum startups to relocate to the United States for business expansion [1][2]. - Despite having strong scientific capabilities and promising startups, Europe faces a dual challenge of funding and talent loss in the quantum technology sector [2]. Group 2: Strategic Measures for Quantum Ecosystem - The upcoming strategy aims to consolidate expertise, resources, and knowledge to build a quantum ecosystem within the EU, addressing the productivity gap with the US [3]. - The EU's flagship research funding program, Horizon Europe, will continue to support quantum research, and a Scale-Up Europe Fund is being prepared to assist tech companies in scaling [3]. Group 3: Digital Sovereignty Agenda - The quantum strategy is part of a broader digital sovereignty agenda aimed at reducing reliance on large US tech companies, with investments in AI, quantum computing, and semiconductors deemed crucial for technological sovereignty [4]. - The EU's recent initiative to establish five AI gigafactories has attracted 76 responses, with potential investments reaching €230 billion, significantly enhancing capabilities in AI development [4].

Group 1 - A new chip for precise control of quantum bits at low temperatures has been developed, potentially increasing the number of quantum bits from dozens to millions [1] - Baidu has officially open-sourced the Wenxin large model 4.5 series, which includes models with 47 billion and 3 billion activation parameters, along with a dense model of 0.3 billion parameters [2] - DJI clarified that its drone batteries are not classified as power banks, and thus are not affected by new aviation security regulations [3] Group 2 - Huawei announced the open-sourcing of the Pangu 7B dense model and the 72B mixed expert model, furthering its commitment to AI technology and innovation [5] - Ant Group plans to invest 23.45 billion yuan in R&D for 2024, marking a historical high and maintaining over 10% of revenue in R&D for three consecutive years [6] - JD.com stated that it has not started issuing stablecoins and warned the public about misleading information regarding its blockchain technology [7] Group 3 - Honda has postponed the launch of its next-generation fuel cell module factory in Japan due to changes in the global hydrogen market [8] - Taobao Flash Sale has announced its sponsorship of the "Su Super" Changzhou team, highlighting various reasons for this partnership [9] - Beijing will implement AI education in primary and secondary schools, integrating it into the student evaluation system starting this fall [10] Group 4 - Huawei released a significant paper on its next-generation AI data center architecture, CloudMatrix, which aims to improve inference efficiency beyond NV H100 [11] - Lei Jun responded to He Xiaopeng's order for the Xiaomi YU7, expressing gratitude and commitment to accelerate production [12]