将于 2026 年 1 月 6 日到 9 日于美国拉斯维加斯举行的CES2026，已进入倒计时阶段。 （图源：CTA） 从 1967 年创办至今，历经近 60 年的 CES（Consumer Electronics Show，国际消费类电子产品展览会），早已成为全球消费电子行业的年度盛会，以及全球 科技产业的第一风向标。 在此前全网首发的 CES 2026「超前瞻」中，雷科技判断：AI 依然会是本届展会贯穿全场的核心议题，没有之一。 日前，OpenAI、谷歌、微软、Meta、阿里、字节、百度等AI巨头均有关于AI硬件的信息释放，硬件已成为AI落地绕不过的环节，说是AI走向场景的核心载 体也不夸张。而硬件特别是消费电子一直是CES的重头戏，因此在每年的CES上，我们都能看到AI与硬件结合的最新趋势。 就在今天，雷科技CES2026报道团成员，收到了 CTA（美国消费者技术协会）发来的名为「相遇 CES Foundry」的主题邮件。 作为中国报道科技展会最悠久、最深入、最专业的新媒体之一，雷科技 CES 2026 报道团亦在进行最后的紧张筹备。届时，雷科技将派出史上最大规模的 CES 报道团，并由雷科技创始人兼总 ...

将于 2026 年 1 月 6 日到 9 日于美国拉斯维加斯举行的CES2026，已进入倒计时阶段。 从 1967 年创办至今，历经近 60 年的 CES（Consumer Electronics Show，国际消费类电子产品展览会），早已成为全球消费电子行业的年 度盛会，以及全球科技产业的第一风向标。 在此前全网首发的 CES 2026「超前瞻」文章中，雷科技判断：AI 依然会是本届展会贯穿全场的核心议题，没有之一。 日前，OpenAI、谷歌、微软、Meta、阿里、字节、百度等AI巨头均有关于AI硬件的信息释放，硬件已成为AI落地绕不过的环节，说是AI 走向场景的核心载体也不夸张。而硬件特别是消费电子一直是CES的重头戏，因此在每年的CES上，我们都能看到AI与硬件结合的最新 趋势。 （图源：CTA） 在雷科技收到的「相遇 CES Foundry」主题邮件中，CTA 官方在第一句话就点明 CES 2026 最大主题：「AI 已在 CES 展会亮相多年， 但本届将成为『绝对的焦点』。」CES 2026上，不会有大模型们的参数大战或者跑分排名，更值得关注的是，AI技术如何融入到不同硬 件产品和产业场景？又如何给 ...

Core Viewpoint - Baidu's AI business has become a new growth pillar, marking a significant breakthrough in the company's strategic transformation [2][9]. Financial Performance - In Q3 2025, Baidu achieved a revenue of 31.2 billion yuan, with core revenue of 24.7 billion yuan [4]. - The Q3 report is notable for its comprehensive upgrade in data disclosure, particularly regarding AI performance [5][6]. - Baidu's AI business revenue grew over 50% year-on-year, with AI cloud revenue increasing by 33%, AI application revenue reaching 2.6 billion yuan, and AI native online marketing service revenue soaring by 262% to 2.8 billion yuan [6]. Business Transformation - AI revenue accounted for nearly 40% of Baidu's core revenue in Q3 2025, indicating a qualitative change in the company's business structure [11]. - Baidu has internalized AI as a core product and business strategy, transitioning from using AI as an external tool to becoming an AI-driven company [12]. - The most significant transformation occurred in Baidu's search product, which underwent its largest revision in a decade, shifting from text-based to AI-driven multimedia content [12]. Commercialization and User Engagement - AI is no longer just an optimization tool in advertising but has become a revenue-generating model, with AI-driven digital humans significantly boosting GMV during events like "Double 11" [13]. - The "Baidu Vamo" intelligent agent has seen over 1,000 enterprise applications for testing, showcasing the B-end business's growth potential [14]. - Baidu's autonomous driving service, "LuoBoKuaipao," achieved 3.1 million global service instances in Q3 2025, marking a 212% year-on-year increase [14]. Technological Foundation - Baidu's AI business growth is supported by a comprehensive technology stack, from chips to applications, enabling the internalization of AI capabilities [17][18]. - The company has developed a full-stack AI ecosystem, which includes self-developed chips and a deep learning framework, ensuring control over AI costs and iteration speed [19]. - The latest generation of Kunlun chips and the Wenxin large model have positioned Baidu as a leader in AI capabilities, with the Wenxin model ranking second globally in text task evaluations [20]. Market Outlook and Valuation - Baidu's latest financial report reflects a strong confidence in future growth, driven by a long-term strategic commitment to AI [22]. - The market has begun to reassess Baidu's value, recognizing it as a company driven by AI rather than merely possessing AI technology [22]. - Numerous top-tier institutions have raised their investment ratings and target prices for Baidu, indicating a positive market sentiment towards the company's transformation [24][26].

Core Insights - The event "2025 AI Partner Conference" focused on how AI is reshaping various industries, with a specific emphasis on the integration of AI in automotive finance services by Yixin [1][3] - Yixin has invested over 2 billion yuan in AI research and development, achieving an annual transaction scale of 70 billion yuan [3] Group 1: AI Integration in Automotive Finance - Yixin's self-developed large model is the only one in the automotive finance sector that has been approved by national authorities, showcasing its commitment to AI technology [3] - The company has established a comprehensive AI capability system that includes pre-training, post-training, and multi-dimensional applications [3] - Yixin's AI capabilities are embedded throughout the entire financing process, from pre-financing analysis to post-financing risk management [3][5] Group 2: AI-Driven Business Transformation - Zhang Lei introduced a dual-driven approach of "AI Agent business model + intelligent risk control chain" to enhance operational efficiency and decision-making accuracy [5] - The AI technology has been validated in the domestic market and is showing competitive advantages globally, with Yixin leveraging its full-stack AI capabilities [5] - The integration of AI in automotive finance is seen as a significant innovation path for financial technology in the AI era, providing a "Chinese solution" for the industry [5]