Company - Baidu Group's stock surged nearly 20% during trading, reaching a two-year high of HKD 135.4, and closed up 15.72% at HKD 131, with over 50% increase in the last 20 trading days [1] - The management disclosed that revenue from digital human-related business in Q2 was approximately RMB 500 million, representing a 55% quarter-over-quarter growth, indicating an accelerating growth trend [1] - Notably, popular streamer Luo Yonghao announced two upcoming digital human live broadcasts on Baidu Youxuan, with the first live stream attracting over 13 million viewers and generating a GMV of over RMB 55 million, with some core categories outperforming real-person live broadcasts [1] - Analysts believe that the digital human business is becoming a new growth curve for Baidu, and its commercialization prospects have gained recognition from the capital market, which may be a significant catalyst for the recent stock price increase [1] Industry - The breakthrough advancements in Baidu's Huibo Star digital human technology are prompting global AI giants to follow suit, with Anthropic planning to invest USD 1 billion next year in AI training infrastructure, and OpenAI expected to invest USD 8 billion in data-related fields by 2030, focusing on developing "virtual employees" capable of executing complex tasks [1] - Baidu's Huibo Star digital human technology is built on the Wenxin large model 4.5 Turbo, achieving multiple technological breakthroughs [1]