Group 1 - Geoffrey Hinton, known as the "father of deep learning," received the Nobel Prize in Physics in 2024 for his foundational discoveries in machine learning using artificial neural networks [1] - Hinton's journey in artificial intelligence faced significant challenges, including skepticism from academia during the AI winter, yet he persisted and contributed to the emergence of large models in AI [1][10] - The narrative highlights the importance of belief and perseverance in the face of adversity, as Hinton's commitment to neural networks ultimately led to breakthroughs in AI [10][11] Group 2 - Liu Jia, a professor at Tsinghua University, published a book titled "General Artificial Intelligence: Reconstruction of Cognition, Education, and Ways of Living," which discusses Hinton's story and the underlying logic of persistence in AI research [2][9] - The book aims to explore the connections between brain science and artificial intelligence, suggesting that this integration may aid in achieving true general artificial intelligence [2] - Hinton's early academic struggles and eventual return to AI research serve as a backdrop for understanding the evolution of AI and the significance of his contributions [6][7]

7月28日晚，北京智谱华章科技股份有限公司（以下简称"智谱AI"）发布其新一代旗舰大模型GLM-4.5，这是一款专为智能体应用打造的基础模型，在复杂 推理、代码生成及智能体交互等通用能力上实现能力融合与技术突破，综合测试性能已跻身全球领先行列。 这款新模型的发布，代表了AI迈向通用人工智能的一次重要转变。它不再满足于扮演一个被动回答问题的"聊天机器人"，而是要成为能够理解复杂目标、自 主规划并执行多步骤任务的"全优生"。例如，模型能够胜任全栈开发任务，一键生成较为复杂的应用、游戏、交互网页。在实际例子中，用户通过z.ai使用 该模型时，仅用一句简单的指令，就可让GLM-4.5独立开发出具备搜索功能的"谷歌"网站、可以发弹幕的"B站"，甚至直接上线一个完整的"Flappy Bird"小游 戏。 在性能评估中，GLM-4.5的表现展示了其架构优势。在涵盖研究生水平推理和复杂软件工程解题等12项全球公认的硬核测试中，其综合得分位列全球第三， 在所有国产模型和开源模型中均排名第一。 大型语言模型性能评估表，包含智能体、推理与编码基准测试数据（图源：智谱） 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别 ...

两周前，OpenAI 神秘模型首次斩获 IMO 金牌，引发全球高度关注，被广泛视为迈向通用人工智能（AGI）的重要一步。 最近，该研究团队首次接受了美国红杉的访谈，系统地披露了他们在技术路线上的选择，以及对于未来通用人工智能发展方向的一些重要展望。 https://www.youtube.com/watch?v=EEIPtofVe2Q 访谈中的核心亮点包括： 锦秋基金（公众号：锦秋集；ID：jqcapital）认为，作为当前全球大模型领域的头部公司和技术前沿探索者，OpenAI的观点和思路能够在一定程度上代表未来一段 时间大语言模型乃至通用人工智能的发展趋势，因此，也做了编译。 01 技术路线的关键亮点 从数秒到百分钟：大规模推理时间的扩展 OpenAI的模型在此次竞赛中表现出的最显著进步，就是其持续推理的能力大幅延长。过去的AI模型通常只能进行数秒到十几秒的集中推理，而此次获得IMO金牌的 AI模型，却已能稳定地连续推理超过100分钟（1.5小时）。 推理时间的延长，意味着模型可以更深入、更全面地探索复杂问题的解决方案。这种能力的提升，并不仅仅局限于数学领域，而可能广泛应用于现实世界中的各类 高复杂性任务， ...

Core Insights - The article highlights the rapid rise of GLM-4.5, a new flagship AI model from Beijing-based company Zhipu, which achieved the second position on the Hugging Face trending list within just ten hours of its release, indicating significant international interest [1][3]. Group 1: Model Performance and Features - GLM-4.5 represents a significant advancement in AI capabilities, moving beyond simple question-answering to becoming an "AI employee" capable of understanding complex goals and executing multi-step tasks [3][4]. - The model can independently develop complex applications, games, and interactive websites with simple user instructions, showcasing its full-stack development capabilities [3][4]. - Zhipu's CEO stated that while existing models excel in specific areas, GLM-4.5 aims to integrate various capabilities into a single model, striving to become a "full-student" in AI [4]. Group 2: Market Position and Cost Efficiency - The model's parameters are reported to be only half or even one-third of those of mainstream models with similar performance, making it a cost-effective option [4]. - The API call pricing for GLM-4.5 is significantly lower than market averages, with input costs at 0.8 yuan per million tokens and output costs at 2 yuan per million tokens [4]. - Other Chinese models, such as those from Moonlight, Alibaba Tongyi, and Tencent Hunyuan, also performed well in the international open-source community rankings [5].

编辑：杜伟、陈陈 Meta 下一个目标是谁？ 七月马上过完，Meta 超级智能实验室的挖人仍然没有偃旗息鼓的迹象。 今日，据外媒 The Wired 的一篇专栏文章报道，扎克伯格这次将目标瞄向了 OpenAI 前首席技术官 Mira Murati 创立的公司 Thinking Machines Lab。 就在大约两周前，这家 AI 创业公司刚刚完成了 20 亿美元种子轮融资，由 a16z 领投，英伟达、AMD 等参 与了投资。 在这家 50 人的创业公司中，Meta 至少接触并向十几位员工发出了邀约。据一位了解谈判情况的消息人士透 露，其中 一份报价多年总额超过了 10 亿美元 。另外，据多个消息源证实，其他报价的 四年总额也在 2 亿 到 5 亿美元之间 。不仅如此， 仅仅是在第一年，Meta 就保证这些人可以拿到 5000 万到 1 亿美元 。 不过，截至目前， Thinking Machines Lab 没有任何一名员工接受这些报价 。 机器之心报道 Meta 的公关总监 Andy Stone 在回应 Wired 时对这一报道提出了异议，他表示，「我们只向 Thinking Machines Lab 的 ...

实际上，在模型发布后不到两个小时，就迅速引发了众多国际媒体关注。全球性社交媒体X平台就在首 页推荐了这款中国大模型。美国消费者新闻与商业频道CNBC报道称："中国企业正在研发的人工智能 模型不仅智能化水平提升，使用成本也持续降低，这与深度求索（DeepSeek）当年震动市场的突破核 心优势相呼应。" 彭博社表示，OpenAI的挑战者智谱发布开源模型，试图在这个蓬勃发展的行业中抢占 制高点。发布后不到12小时，GLM-4.5模型已位列国际开源社区Hugging-Face榜单全球第二，受到国内 外业界高度关注。 7月28日晚，总部位于北京的清华系大模型明星企业智谱发布其新一代旗舰大模型GLM-4.5，并在 Hugging Face与ModelScope平台同步开源。这是一款专为智能体应用打造的基础模型，在复杂推理、代 码生成及智能体交互等通用能力上实现能力融合与技术突破，综合测试性能已跻身全球领先行列。 技术人员介绍，GLM-4.5 参数量为 DeepSeek-R1的二分之一、Kimi-K2 的三分之一，但在多项标准基准 测试中表现得更好，得益于模型更高的参数效率。在性能优化之外，GLM-4.5系列也在成本和效率 ...

Group 1 - In July, over 900 billion units of funds were issued, indicating a recovery trend in the market, with 115 new funds established [1] - More than 90% of actively managed equity funds achieved positive returns this year, with an average return of 13.74% as of July 28 [1] - 126 public fund companies have conducted over 5,400 self-purchases this year, signaling a positive investment outlook based on favorable policies and economic fundamentals [1] Group 2 - The scale of QDII funds reached a record high of 683.77 billion yuan by the end of June, with significant growth in funds investing in Hong Kong stocks [2] - Overseas funds showed strong interest in Chinese stocks, with five major Chinese stock ETFs attracting over $2.7 billion in July [2] - Fund companies are responding to the bond market's volatility by implementing strategies to manage liquidity and retain institutional clients [2] Group 3 - The low-altitude economy in China is experiencing rapid growth, with projections suggesting it could exceed 850 billion yuan by 2025 and reach one trillion yuan by 2026 [4] - The development of low-altitude tourism is expanding beyond sightseeing to include a full range of services, enhancing consumption in related sectors [4] Group 4 - Tencent is facing a lawsuit from Sony for alleged copyright infringement regarding its new game "Wild Origin," which is claimed to have similarities to "Horizon Zero Dawn" [5] - Ping An Fund announced the discontinuation of its APP, migrating services to its official website and WeChat service account [6] - Douyin is merging its supermarket business into its instant retail service to enhance operational efficiency [6]

Group 1 - The U.S. and China will continue to push for the extension of the previously suspended 24% tariffs and corresponding countermeasures as part of their economic talks [2][3] - The Chinese Ministry of Commerce emphasized the importance of maintaining a stable and healthy economic relationship between the two countries [2] Group 2 - Blackstone executive Wesley LePatner was tragically shot and killed, leading to the temporary closure of the company's office [5][6] - LePatner was a key figure in Blackstone's real estate division and had been with the company for over a decade [5] Group 3 - Bill Gates advised individuals to embrace AI tools, continuously read, and actively use the latest technologies to navigate the changing job landscape [7] - Gates highlighted the potential job losses due to AI advancements, predicting that by 2030, nearly half of entry-level white-collar jobs could disappear [7] Group 4 - Microsoft is reportedly in deep negotiations with OpenAI to secure long-term access to its technologies, with a potential agreement expected in the coming weeks [16][17] - The discussions include terms that would allow Microsoft to use OpenAI's latest models even as the company aims to achieve general artificial intelligence [16] Group 5 - The first foldable iPhone is anticipated to be released in September 2026, with a projected price of $1999 [19][20] - This launch is expected to be a significant design change for the iPhone series since its inception in 2007 [21] Group 6 - Ping An Fund announced the closure of its app, migrating services to its website and WeChat service account by August 31 [22] - This move reflects a trend of public funds reducing direct sales operations through mobile applications [22] Group 7 - Sony has filed a lawsuit against Tencent, alleging that its new game "Wild Origin" infringes on the copyright and trademark of "Horizon: Zero Dawn" [24] - The lawsuit claims that "Wild Origin" shares significant similarities in visual style and core concepts with the "Horizon" series [24]

Market Overview - The Dow Jones index fell by 0.46% to 44,632.99 points, the S&P 500 index decreased by 0.30% to 6,370.86 points, and the Nasdaq index dropped by 0.38% to 21,098.29 points [2] - Analysts indicate that investors are now more focused on the winners and losers in the context of tariffs and new trade agreements, rather than previous concerns about deep recession and runaway inflation [2] Federal Reserve and Market Sentiment - The market is cautious ahead of the Federal Reserve's interest rate decision, with expectations that the benchmark rate will remain unchanged at 4.25% to 4.5% [3] - Analysts suggest that the market is entering a consolidation phase, with a focus on individual stock performance driven by earnings reports [3] Company News - JPMorgan Chase is nearing an agreement to take over the Apple Card business from Goldman Sachs, with negotiations having accelerated in recent months [4] - Novo Nordisk's stock plummeted by 21.83% after the company significantly lowered its full-year earnings guidance due to weak growth expectations for its weight loss drug Wegovy in the U.S. market [5] - Microsoft is reportedly negotiating with OpenAI to secure continued use of its technology even after the potential achievement of artificial general intelligence (AGI) [6] - JPMorgan analysts predict that Apple's first foldable iPhone will be released in September 2026, priced at $1,999 [7] - Apple has lost another AI researcher to Meta, indicating ongoing challenges in its AI strategy [8] - JetBlue Airways announced that its partnership plan with United Airlines has been approved by the U.S. Department of Transportation, allowing for more flexible flight options for travelers [9]

Core Insights - The 2025 World Artificial Intelligence Conference (WAIC 2025) showcased significant advancements in AI by JD.com, including the upgrade of the Yanxi model to JoyAI and the launch of the JoyAgent intelligent agent [2] - JD.com has formed partnerships with numerous leading robotics brands and has made substantial investments in AI and robotics technology, indicating a strong commitment to the development of embodied intelligence [6][8] Company Developments - JD.com has developed a high-expandable embodied intelligence system architecture, achieving an 80% success rate in practical applications such as coffee robots [6] - The company has established a dedicated business unit for embodied intelligence and has recruited talent in this field to explore its feasibility [7] - JD.com has multiple foundational large models, including a 30 billion parameter model and a 750 billion parameter model, which are being applied across various sectors [5] Market Strategy - JD.com aims to avoid unhealthy competition in the AI model market, advocating for a focus on creating unique value in specific applications rather than engaging in price wars [3] - The company is promoting the "embodied intelligence" concept, which encompasses a wide range of interactive robots and devices, not limited to humanoid robots [7][8] - JD.com is actively seeking partnerships to accelerate industry development through its JoyInside platform, which offers a comprehensive solution for AI toys and smart hardware [8] Future Outlook - The company envisions a future where robots serve as companions and knowledge tools, potentially transforming everyday life by integrating into various service roles [10] - JD.com believes that the path to developing embodied intelligence will mirror the evolution of autonomous driving, emphasizing the importance of data collection and technology advancement [9]