Core Viewpoint - ByteDance has officially launched its image generation model Seedream 5.0, which is now available in video editing applications such as Jianying, CapCut, and the AI creation platform Xiaoyunque, with a limited-time free experience on the Jimeng AI platform [1][2]. Group 1 - The new model enhances accuracy and intelligence levels, faster image creation expressiveness, and integrated online knowledge capabilities [2]. - Seedream 5.0 can deeply understand the semantics of prompts, generating images that better match user intentions with higher detail precision and clearer layouts [2]. - The model's image-to-image functionality has improved stylization effects, providing clearer details, refined textures, and balanced lighting [2]. Group 2 - The upgrade includes new editing features, allowing users to precisely select and adjust elements using brush control [2].

【导读】硅谷新英雄OpenClaw之父豪言：本地AI智能体将灭掉80%App，人类从此只需「许下愿望」，世界自动为你运转！OpenClaw更是开启万亿美 元应用新场景，社交套利从未如此简单！ 这些天，硅谷正在经历一场前所未有的疯狂。 OpenClaw之父，已经成为硅谷英雄——继互联网之后，他开启了文明层级的又一次范式转移。 所有人类，正在站在被智能体接管的奇点前夜。 而且，如果还没有用OpenClaw赚钱，你就out了。 最近，已经有开发者仅投入2万美元，就实现了4000万美元净资产的积累。 许多人说，这就是OpenClaw的「十亿美元级应用场景」！ 一个人干翻所有大厂，2万美元撬动4000万？ 刚刚，OpenClaw之父上了YC访谈，揭秘了OpenClaw这个爆款AI背后的顿悟时刻。 他放下豪言：本地优先智能体，将「杀死」当今80%的应用；个人智能体，会彻底重塑软件的未来！ 最近，一个「2万美元变4000万美元」的例子，在全网疯传。 一个普通人用TikTok+OpenClaw，把华尔街按在地上摩擦。 TikTok上，一条视频突然爆了——一个女孩举着星巴克的粉色星星杯，声音都快破音了：「全城断货！真的买不到了 ...

每经编辑｜陈柯名 近日，某短视频平台上AI生成周星驰经典电影片段的视频，被大量网友制作发布。 相关视频截图 9日，周星驰经纪人陈震宇发文质疑：想问一下，这些属于侵权吗（尤其这两天大量传播），相信创作者应该已经盈利，而某平台是不是都放任不管提供 给用户生成发布？ 评论区中，不少网友认为，"未经本人同意属于侵权，希望能够合理规范。" 影视飓风测评后连呼6次恐怖 产品方宣布暂停真人素材参考能力 图片来源：锦观新闻 "这基本上可以确定一件事情，就是Seedance 2.0很大量的训练了我们公司的视频。"Tim推测道。而对于Seedance 2.0团队是否有向影视飓风方面要版权的 问题，Tim明确表示，平台的用户协议里可能隐藏了类似授权的条款，但其个人没有收过费，也没有被联系过授权。"也许他们（Seedance 2.0）在法理上 是合规的。但是，这有点恐怖，对吧？" 鉴于影视飓风是影视、科技领域顶流视频账号，Tim过往高产的视频早已成为公开的互联网数据，很可能已被用于模型训练。 相关事件发酵同时，字节跳动Seedance 2.0紧急暂停了真人素材参考能力。有官方运营人员表示： 即梦创作者们大家好，Seedance 2. ...

Core Viewpoint - The A-share market is experiencing underlying movements ahead of the Spring Festival, with institutional investors adjusting their portfolios, indicating a more favorable environment for the upcoming market trends [5][7]. Group 1: Market Environment - The Spring Festival market is expected to have more certainty and abundance compared to previous years, driven by macroeconomic, policy, and industrial factors [9]. - Macro liquidity is stabilizing, with a significant reduction in the holdings of broad-based ETFs by over 91%, indicating a shift towards inflows [9]. - The recent performance of major assets like gold, silver, and Bitcoin reflects a positive liquidity environment, which is expected to support the A-share market [9]. - Historical data shows that the small-cap index has a 93.8% probability of rising from the Spring Festival to the Two Sessions, indicating strong seasonal trends [12]. Group 2: AI Technology and Market Drivers - AI technology is entering a period of explosive growth, serving as a core engine for market momentum, with significant advancements in AI applications like Seedance 2.0 [14][18]. - The domestic market for AI content, particularly in animation and short videos, is projected to exceed 22 billion yuan by 2026, with a peak daily consumption of 30 million [20]. - Key catalysts for the AI sector include competitions among platforms during the Spring Festival and the release of new AI models, which are expected to enhance market activity [20]. Group 3: Investment Opportunities - The AI content sector is highlighted as a key area for investment, with companies like Wanjing Technology and Zhaochi Co. being potential beneficiaries [21]. - The demand for computing power is surging, driven by AI applications, with major tech companies expected to increase capital expenditures significantly [23]. - The construction of AIDC data centers is accelerating, with ByteDance and Alibaba planning substantial investments to meet growing demand [27]. Group 4: Sector Rotation Opportunities - Several sectors are identified for potential investment during the Spring Festival, including semiconductors, AI power, commercial aerospace, robotics, and nuclear power, all of which are expected to benefit from ongoing trends and government support [30][32].

Group 1: French Wine and Spirits Exports - French wine and spirits exports are projected to decline by 8% to €14.3 billion in 2025, marking the third consecutive year of decline [1] - Since 2022, cumulative exports have decreased by 17%, causing the sector to drop from the second largest export category to the third, behind aerospace and cosmetics [1] Group 2: Kering Group Financial Performance - Kering Group reported a 3% year-on-year decline in fourth-quarter sales, reaching €3.9 billion (approximately $4.64 billion), which was better than the expected 5% drop [1] - The Gucci brand experienced a 10% decline in comparable sales for the fourth quarter, slightly better than the anticipated 12% decrease, marking the tenth consecutive quarter of sales decline for the brand [1] Group 3: Shenzhen Airport Passenger Traffic - Shenzhen Airport reported a 2.84% year-on-year increase in passenger throughput in January 2026, totaling 5.8795 million passengers [1] - Cargo and mail throughput increased by 1.98% year-on-year to 168,600 tons, while flight takeoffs and landings rose by 0.52% to 39,121 [1] Group 4: ING's Bad Debt Sale - ING is reportedly seeking to sell approximately €230 million (around $273 million) in bad debts from its Spanish subsidiary, with negotiations expected to conclude in April [2] Group 5: Taobao Flash Sale Growth - Taobao Flash Sale reported a 347% year-on-year increase in sales of New Year goods, with orders from third and fourth-tier cities growing over 580% [3] - The platform introduced a "Spring Festival Never Closes" service, with a 32.9% increase in the number of operating merchants compared to the previous year [3] Group 6: Semiconductor Industry Outlook - SMIC expects its first-quarter sales revenue to remain flat quarter-on-quarter, with a gross margin projected between 18% and 20% [4] - The company anticipates that its sales growth for 2026 will exceed the average of comparable peers, with capital expenditures expected to remain roughly the same as in 2025 [4] Group 7: Sony's Blu-ray Recorder Production Halt - Sony announced it will gradually cease shipments of Blu-ray recorders starting this month and will stop production of BD discs for recording purposes by February 2025 [6] Group 8: BP's Financial Strategy - BP reported a fourth-quarter adjusted net profit of $1.54 billion, a 32% increase year-on-year, and announced a structural cost reduction target of $5.5 billion to $6.5 billion by the end of 2027 [6] - The company has decided to suspend stock buybacks and will use all surplus cash to strengthen its balance sheet [6] Group 9: Alphabet's Bond Issuance - Alphabet has initiated its first issuance of Swiss franc bonds [7] - The company has also launched its first issuance of pound bonds, including a 100-year bond [11]

在十九世纪的暹罗王国曾诞生过这样一对连体兄弟：他们分别拥有完整的四肢和独立的大脑，但他们六十余年的人生被腰部相连着的一段不到十厘米的组织 带永远绑定在了一起。他们的连体曾带来无尽的束缚，直到他们离开暹罗，走上马戏团的舞台。十年间，两兄弟以近乎合二为一的默契巡演欧美，获得巨大 成功。 此后，人们曾用他们的故乡之名，将这种连体现象称作 Siamese Twins（暹罗双胞胎）。后来，这一命名跨越了生物学的边界。1993 年，Yann LeCun 将其引入神经网络，创造了共享权重的 Siamese Network（孪生网络），用于衡量输入的相似性。 时光流转，在二十一世纪的今天，人工智能领域也有一对 "双胞胎"——Pre-Norm（前置归一化）和 Post-Norm（后置归一化）。他们为解决大模型训练 稳定性而生，迅速成为 Transformer 架构中用于稳定信号流的关键范式。 然而，归一化带来的训练稳定性并非没有代价，两种归一化范式之间似乎面临着难以调和的权衡取舍。 尽管近年来 Pre-Norm 被 GPT-3、LLaMA、DeepSeek、Qwen 等知名开源基座所采用，但多项研究共同指向了一个严峻事实：Pr ...

2026年开年，AI（人工智能）视频生成模型持续掀起巨浪。 2月9日，游戏科学创始人、《黑神话：悟空》制作人冯骥在社交媒体微博发布长文，公开评价并分享了其体验字节跳动最新视频生成 模型Seedance 2.0后的震撼感受，直呼"地表最强，没有之一"，并感慨"AIGC的童年时代，结束了"。 在冯骥看来，目前Seedance2.0是领先的、全能的、低门槛的，甚至可以带来产能爆炸和视频全民化。而这都源于Seedance2.0"AI理解多 模态信息（文、画、影、音）并整合的能力完成了一次飞跃"。 每日经济新闻 但冯骥在称赞之余，也直言这可能带来"假视频泛滥与信任危机"，并表示"这一点是真正促使我发这条微博的原因，因为逼真的假视频 将变得毫无门槛，而现有的知识产权与审查体系会面临空前冲击"。 据《每日经济新闻》记者了解，Seedance 2.0 AI视频生成模型于2月7日低调上架，但目前尚未全面开放，需开通"即梦"正式会员才能有 限次使用。模型的相关内容随即引起了海内外视频创作者的高度关注。知名科技博主"影视飓风"创始人Tim（潘天鸿）2月9日在抖音发 布的测评视频中，先后6次使用了"恐怖"一词，在让Seedance ...

深耕数字经济，寇纲还把视野放在了科技金融、绿色金融等方面。 "我们要更多关注算力中心等数据基础设施建成后的运营效率和实际效果。"在位于四川省成都市的西南 财经大学大数据研究院，一场讨论会正热烈进行。讨论伊始，全国政协委员、西南财经大学大数据研究 院院长寇纲点出会议主题。 一张会议桌，一台投影仪，几把旋转椅，众人围坐一起，分析数据、提炼观点……这样的讨论每周都会 进行。"产学研打通至关重要，我们加紧与有关机构合作，不断探索新的技术解决思路。"寇纲说。 担任全国政协委员以来，围绕数字经济发展，寇纲提了不少建议。 "之前我们调研发现，不少地方政府都出台了人工智能产业发展规划，一些地方出现了盲目跟风投资的 现象。"寇纲说，缺乏论证、重复建设，很容易导致项目"烂尾"。 对此，寇纲团队形成了规范算力投资及补贴等相关建议，提出应避免"内卷式"竞争，相关内容还被纳入 了《政府工作报告》。"作为全国政协委员，看到自己的建议被吸收采纳，感到格外欣喜。"寇纲说。 赴外地调研，分析企业需求，讨论技术应用……去年以来，团队探索企业电碳账户数据与金融机构互联 互通，形成企业电碳信用体系。"通过推动企业电碳账户数据与金融机构信息互联互通， ...

作为连接中东与全球市场的重要枢纽，迪拜近几年越来越受到中国企业的青睐。 截至2025年年底，在迪拜商会注册的中国企业数量以11.6%的年复合增长率稳步攀升，会员总数现 已突破6000家。 "目前，中国稳居迪拜最大的贸易伙伴地位，2024年双边非石油贸易额高达807亿美元。这一坚实的 经贸基础为双方深化合作奠定了稳固基石。"近日，迪拜商会主席兼首席执行官穆罕默德·阿里·拉希德· 卢塔（H.E. Mohammad Ali Rashed Lootah）在接受《国际金融报》记者专访时表示。 目前，迪拜商会在中国的上海、深圳和香港设有三个代表处，在促进双边贸易与投资方面发挥着关 键作用。 近期，迪拜商会团队赴深圳和广州开展路演，与18家贸易及投资机构深入交流。卢塔透露，为延续 双边合作不断升温的良好态势，迪拜方面还将于今年5月再次组织由迪拜公共与私营部门高层组成的顶 级代表团访问深圳，这充分彰显了迪拜深化与中国合作的坚定决心。 保障大湾区企业项目落地 "一直以来，迪拜商业界对中国，尤其是大湾区的认知程度和合作意愿极为强烈，这一战略聚焦与 迪拜经济议程（D33）高度契合。"卢塔表示，D33议程旨在通过数字化转型项目每年创 ...

智通财经APP讯，首程控股(00697)发布公告，近日，本集团所属首程资本旗下公司(本公司的全资附属 公司)所管理的基金投资银屿趣玩(四川)人工智能科技有限公司(奇妙拉比)。本次投资将助力被投企业产 品内容生态建设，围绕核心知识产权(IP)推进产品矩阵扩展，进一步巩固人工智能(AI)潮玩赛道的领军 地位。 奇妙拉比专注于创新重构IP与潮玩的联动模式，秉持"让AI成为IP的成长引擎"的核心理念，以潮流审美 与产品可玩性定义AI潮玩行业新范式。此次投资将为奇妙拉比在内容生态建设、核心IP产品矩阵扩展和 海外营销渠道建设等方面提供更大动能，进一步延展AI潮玩品类的商业价值边界，推动AI潮玩从新兴 品类成长为消费市场的主流选择。 本集团未来将坚定不移地持续加大在机器人产业的投资布局，依托资本赋能与产业协同优势，深化业务 合作的深度与广度，拓展消费级机器人的商业化落地路径，加速推动消费级机器人实现规模化和产业化 发展。 ...