Evercore ISI 分析师阿米特·达里亚纳尼在发给客户的报告中写道："虽然公告集中发布自然会引发疑 问，但背后的模式看起来更像一次有控制的代际更替和战略调整，而非危机。" 智通财经APP获悉，尽管苹果公司(AAPL.US)近期出现大量高管变动，Evercore 仍告诉投资者"保持冷 静"，因为这些离职并不意味着这家科技巨头陷入危机。 即便斯鲁吉留任，苹果事实上已对高管团队进行了多项调整。自 2017 年起担任总法律顾问的凯特·亚当 斯(Kate Adams)将于 3 月 1 日由珍妮弗·纽斯特德(Jennifer Newstead)接替;负责环境、政策和社会倡议的 副总裁莉萨·杰克逊(Lisa Jackson)将于 2026 年 1 月底退休。 苹果还表示，机器学习和人工智能战略高级副总裁约翰·詹南德雷亚(John Giannandrea)将卸任，并担任 公司顾问直至 2026 年春季退休。他的职位将由来自微软(MSFT.US)的人工智能研究员阿马尔·苏布拉马 尼亚(Amar Subramanya)接任。 今年 7 月，苹果首席运营官杰夫·威廉姆斯退休，由长期担任苹果高管的萨比赫·汗接替。2024 年， ...

Core Viewpoint - The European Union (EU) is prioritizing the development of artificial intelligence (AI) strategies in response to increasing global competition, particularly from the US and China, aiming to enhance its technological sovereignty and competitiveness in the AI sector [1][2][6]. Group 1: EU AI Strategy Development - The EU has shifted its AI strategy from a focus on regulatory frameworks to a more comprehensive approach that includes capability building and systemic innovation across research, industry, investment, and regulations [2][3]. - The newly introduced "Application AI Strategy" and "Scientific AI Strategy" are seen as specific policy frameworks to implement the "Continental AI Action Plan," aiming to establish Europe as the world's first "AI continent" [2][3]. Group 2: Competitive Landscape - The EU acknowledges its lag in AI technology and infrastructure compared to the US and China, particularly in areas such as AI computing power, storage, and talent development [3][4]. - The EU's strategy emphasizes the need for differentiated competition rather than direct competition with the US and China, suggesting a focus on leveraging its own strengths and addressing resource constraints [3][4]. Group 3: Governance and Regulation - The EU aims to position itself as a "third pole" in global AI governance, leveraging its existing strengths in data governance and privacy protection to influence international standards [6][7]. - The EU's "AI Act," set to take effect in August 2024, is the world's first comprehensive regulatory framework for AI, which could enhance its role as a rule-maker in the global AI landscape [7][11]. Group 4: Challenges and Opportunities - The EU faces significant challenges in achieving its AI ambitions, including a lack of innovation investment, internal coordination difficulties among member states, and the need for a more flexible regulatory approach [8][9][12]. - Despite these challenges, there is potential for collaboration with other regions, particularly in addressing data privacy and security concerns, which could enhance the EU's position in the global AI market [15].

Group 1 - The successful IPO approval of Moore Threads reflects the Science and Technology Innovation Board's support for "hard technology" and signals a new phase in the deep integration of finance and technological innovation [1] - Moore Threads' IPO process took less than three months, coinciding with the positive effects of the recent "1+6" policy reforms aimed at enhancing the capital market's adaptability to technological innovation [1][2] - The company’s products are applicable in various fields including large model training inference, digital twins, consumer electronics, digital office, and cloud computing, serving key industries such as cloud computing data centers and intelligent computing centers [2] Group 2 - The new policies introduced by the China Securities Regulatory Commission are designed to support hard technology enterprises, particularly those with high R&D investments and growth potential, such as Moore Threads [2] - Moore Threads has achieved significant technological breakthroughs with its self-developed MUSA architecture, enabling a single chip to support AI computing acceleration, graphics rendering, and other advanced functions [2] - The company has shown impressive revenue growth, with a compound annual growth rate exceeding 208.44% from 2022 to 2024, and its revenue for the first half of 2025 already surpassing the total revenue of the previous three years [3] Group 3 - Moore Threads has made significant advancements in GPU technology, with its MTT S80 graphics card's performance nearing that of NVIDIA's RTX 3060, and its MTT S5000 product achieving higher efficiency than comparable foreign GPU clusters [3] - The company's losses have been steadily decreasing, from 1.84 billion yuan in 2022 to 1.49 billion yuan in 2024, with further reduction to 271 million yuan in the first half of 2025, indicating a potential path to profitability by 2027 [3]

Core Viewpoint - The successful IPO approval of Moer Thread reflects the positive impact of the new policies introduced by the Science and Technology Innovation Board, promoting the integration of finance and technological innovation [1][3][4]. Group 1: Company Overview - Moer Thread is recognized as a leading domestic full-function GPU enterprise, showcasing a solid technical route and comprehensive product layout [3]. - The company has achieved significant technological breakthroughs, including the MUSA architecture that supports AI computing acceleration, graphics rendering, physical simulation, and high-definition video encoding [4][5]. - Moer Thread has invested over 4.3 billion yuan in R&D, with over 75% of its workforce dedicated to research and development [5]. Group 2: Financial Performance - The company's revenue has shown remarkable growth, with figures of 0.46 billion yuan in 2022, 1.24 billion yuan in 2023, and 4.38 billion yuan in 2024, resulting in a compound annual growth rate of over 208.44% [8]. - In the first half of 2025, Moer Thread's revenue reached 7.02 billion yuan, surpassing the total revenue of the previous three years [8]. - The gross margin improved significantly from -70.08% in 2022 to 70.71% in 2024, and reached 69.14% in the first half of 2025 [8]. Group 3: Market Position and Competitive Advantage - Moer Thread is one of the few domestic companies capable of competing with international giants in terms of functionality, with its MTT S80 graphics card's performance nearing that of NVIDIA's RTX 3060 [7]. - The company has made breakthroughs in critical areas, providing full computational precision support from FP8 to FP64 and being the first domestic GPU manufacturer to launch a DirectX 12 graphics acceleration engine [7]. - The rapid progress of Moer Thread's IPO process is indicative of the overall acceleration in the approval process for high-growth potential hard technology companies on the Science and Technology Innovation Board [8].