炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ （来源：风口财经） 2月16日，字节跳动旗下AI助手豆包与央视总台春晚联动，面向全国观众送出10万份科技好礼，并推出 多项AI互动玩法。豆包方面披露，除夕当天豆包AI互动总数达19亿。春节场景下的AI图片生成、拜年 祝福等玩法吸引用户参与。数据显示，"豆包过年"活动在除夕帮助用户生成超过5000万张新春主题头 像、生成超过1亿条新春祝福。 此外，火山引擎还通过多项 AI 技术为春晚舞台和抖音直播体验赋能。通过空间视频技术，《梦底》打 造了演员 3D 数字分身同台表演的震撼效果，当镜头移动、现场灯光变化时，分身的视角和光影也会实 时同步；春晚上亮相的多款具身智能机器人品牌，均搭载了豆包大模型，实现自然生动的语言交流；同 时，依托豆包语音模型，抖音春晚直播间首次上线了全程实时无障碍字幕，覆盖了主持串场、相声、小 品等所有无原生字幕的节目，让春晚的欢乐实现了无障碍传递。 今年是总台春晚历史上第一次用 AI 驱动全民实时创作互动。据字节跳动统计，除夕当天，豆包大模型 的峰值TPM（每分钟token数）出现在21时46分，正是在春晚主持人宣布用豆 ...

导读： VC的灵性修行不是什么"锦上添花"——在AI巨潮时代，它可能是最被低估的投资能力。 作者丨张倩 来源丨天际投资 2026年2月马年春节前夕，我给一位在世界顶级AI实验室工作的老朋友打电话，想聊聊最新的AI 进展和新一年的趋势。他长期站在技术最前沿，亲手参与训练和调试全球最先进的大模型，对行业 的变化有着最直接的感知。电话中，他分享的不是简单的乐观或焦虑，而是一种对AI加速度的深刻 体会——技术正在以前所未有的速度演进，甚至开始重新定义包括他自己在内的从业者角色。 这种来自一线创造者的真实感受，让我意识到，2026年或许将成为值得认真思考的一年。而就在 那通电话后不久，两场更具标志性的AI浪潮接踵而至。 一 、Seedance 2.0与字节跳动的五轮投资 2026年春节前夜，字节跳动Seedance 2.0低调上线，以"导演级AI"的能力横扫全球。上传一张 照片、输入提示词，几分钟后生成运镜流畅、质感堪比院线大片的完整视频。《黑神话：悟空》制 作人冯骥写下："地表最强视频生成模型，没有之一。AIGC的童年时代，结束了。"Elon Musk在 X平台回应： "It's happening fast." 背 ...

此外，其新一轮 100-120 亿美元（现汇率约合 691.52 - 829.82 亿元人民币）估值的融资亦已经开启，照此计算，Kimi 最新估值直接翻倍并突破 100 亿美元 大关，总额超 12 亿美元（IT之家注：现汇率约合 82.98 亿元人民币）的连续两轮融资也是近一年来大模型行业的最高融资金额。 IT之家 2 月 17 日消息，据"科创板日报"报道，在完成上一轮 5 亿美元（现汇率约合 34.58 亿元人民币）融资仅一个多月后，月之暗面 Kimi 新一轮超 7 亿美 元（现汇率约合 48.41 亿元人民币）的融资即将完成交割，本轮由阿里、五源、九安等老股东联合领投，腾讯也参与投资。 ...

就在千问、豆包、元宝等打响"春节红包战"之际，Kimi却不声不响整了个大新闻。 据《科创板日报》2月17日报道，在完成上一轮5亿美元融资仅1个多月后，月之暗面Kimi新一轮超7亿美元的融资即将完成交割，本轮由阿里、五源、九 安等老股东联合领投，腾讯也参与投资。此外，其新一轮100-120亿美元估值的融资亦已经开启。 照此计算，Kimi最新估值直接翻倍并突破100亿美元大关，总额超12亿美元的连续两轮融资也是近一年来大模型行业的最高融资金额。 就在一个多月前，2025年12月31日，《每日经济新闻》记者获悉，月之暗面（Moonshot AI）"90后"创始人杨植麟发布内部信，其透露："公司近期完成了 5亿美元C轮融资且大幅超募，当前现金持有量超过100亿元。" 每经编辑｜段炼 然而，百亿元的现金储备只是下一场更昂贵竞赛的燃料。杨植麟明确，C轮融资资金将用于"更加激进地扩增显卡"，加速K3模型的训练和研发。部分资金 也将用于2026年的激励计划和期权回购计划。 另一方面，内部信也透露出AI人才的争夺战正在各家激烈上演。杨植麟在信中表示，公司将在2026年春节前确定并发放K2 Thinking及后续产品的奖励方 案 ...

匿名知情人士表示，月之暗面的新一轮融资谈判正在进行中，是否能达到目标估值尚不确定，不过阿里巴巴、腾讯、五源资本 (5Y Capital) 在内的现有投资 者已承诺在本轮融资中投入超过 7 亿美元。 IT之家 2 月 17 日消息，彭博社今日报道称，Kimi 系列 AI 模型开发方月之暗面 (Moonshot AI) 已于今年 1 月底启动了新一轮的融资计划，寻求以 100 亿美 元（IT之家注：现汇率约合 691.52 亿元人民币）的估值募集额外资金。而就在一个月前，月之暗面以 43 亿美元的估值成功筹资 5 亿美元。 ...

对大部分人来说这只是又一次产品更新，但对另一些人来说不是。在 Reddit 的 r/4oforever 社区、在 X 上的 ＃Keep4o 标签下、在 Change.org 上超过两万人签名的请愿书里，许多人为 4o 写下了一封封情真意切的告别信。一位用户写 道："他不仅仅是一个程序。他是我日常的一部分，我的平静，我的情感平衡。"有人更是直言："没有 4o，就取消订 阅。" 2026 年 2 月 13 日，情人节前一天，OpenAI 关掉了 GPT-4o。 在这片愁云惨雾之中，一条来自 X 平台用户的长帖迅速传播开来，标题语气极为激烈："OpenAI，你没有良心。"帖子 的核心论点是：GPT-4o 并没有真正死去，而是被"重建"为 GPT-4b micro，然后被交给了一家名为 Retro Biosciences 的 长寿科技创业公司，而这家公司的最大投资人，恰恰是 OpenAI 的 CEO 萨姆·奥特曼（Sam Altman）本人，他个人向 Retro 注入了 1.8 亿美元。帖子的逻辑链条是这样的：奥特曼用 OpenAI 的核心模型、算力和团队，为自己私人投资的 公司服务，而那家公司的目标是"将人类寿命延 ...

Core Insights - Infosys has entered into a partnership with Anthropic to develop and deliver artificial intelligence services tailored for businesses operating in complex and regulated industries [1] Company Summary - Infosys is collaborating with Anthropic, indicating a strategic move to enhance its offerings in the artificial intelligence sector [1] - The partnership aims to leverage AI technologies to address the specific needs of businesses in industries that face stringent regulations [1] Industry Summary - The collaboration highlights a growing trend in the industry where companies are increasingly seeking AI solutions to navigate complex regulatory environments [1] - This partnership may set a precedent for future collaborations between technology firms and AI developers to cater to regulated sectors [1]

Core Viewpoint - Alibaba has launched the Qwen3.5-Plus model, which is positioned as the strongest open-source model globally, outperforming top closed-source models like Gemini-3-pro and GPT-5.2, while offering a significantly lower API price of 0.8 yuan per million tokens, which is only 1/18 of Gemini-3-pro's cost [2][8]. Group 1: Technical Innovations - The Qwen3.5-Plus model features a total of 397 billion parameters, with only 17 billion activated during inference, allowing it to utilize less than 5% of the computational power while accessing its full knowledge base [5]. - The introduction of a mixed attention mechanism enables the model to allocate attention resources dynamically based on the importance of information, optimizing computational efficiency [4]. - The model has transitioned from a pure text model to a native multimodal model, significantly enhancing its capabilities in reasoning, programming, and various assessments, surpassing some benchmarks of Gemini 3 Pro and GPT-5.2 [5]. Group 2: Business Logic Behind Open Source - The efficiency achieved through architectural innovation allows Qwen3.5 to be both powerful and cost-effective, making advanced AI capabilities accessible to individual developers, startups, and small enterprises [7]. - Since its open-source launch in 2023, Alibaba has released over 400 Qwen models, achieving over 1 billion downloads, and has become the leading open-source model recognized for its developer-friendly approach [7]. - The Qwen model continues to evolve, now supporting 201 languages and expanding its vocabulary size from 150,000 to 250,000, which can enhance encoding efficiency for less common languages by up to 60% [7]. Group 3: Market Position and Growth - According to Omdia, Alibaba Cloud's market share in China's cloud market increased from 34% to 36% in Q3 2025, maintaining its position as the market leader [9]. - AI has become a major driver of new demand for cloud infrastructure services, with Alibaba Cloud's AI-related product revenue experiencing triple-digit year-on-year growth for nine consecutive quarters [9]. Group 4: Agent Capabilities - The Qwen3.5 model has achieved breakthroughs in agent applications, enabling it to autonomously operate mobile and computer tasks, significantly improving operational efficiency [11]. - The Qwen App has launched the world's first consumer-grade AI shopping agent, which successfully processed 120 million orders in just six days during the Spring Festival, demonstrating its commercial viability [11]. - Developers can access the new Qwen3.5-Plus model through platforms like HuggingFace and Alibaba Cloud, with plans for further releases of different model sizes and functionalities [11].

Core Insights - Skygen.AI has introduced a new architecture aimed at addressing the challenge of balancing high-performance automation with user-defined security boundaries in the AI market [1] Group 1: Product Features - Skygen.AI offers a flexible agent model with multiple security tiers, allowing users to define how their autonomous agent interacts with digital environments, from restricted access to full desktop control [2] - The company emphasizes adaptive in-context learning, where agents learn from user interactions and optimize future sessions based on real-time data [3] - Skygen's deep search mode is designed for long-term tasks, outperforming existing AI tools in depth and retrieval accuracy [4] Group 2: Real-World Applications - The company has tested its system across more than 40 use cases in the B2C segment, with one example showing a reduction of $3,000 in personal expenses through an autonomous financial audit [5] Group 3: Security Architecture - Skygen.AI employs a zero-trust security architecture using isolated Virtual Machines (Sandboxes) for each workflow, ensuring sensitive data remains protected [6] - The system utilizes a step-summarization approach to maintain performance over long durations and prevent context overflow during complex tasks [7] Group 4: Company Background - Skygen.AI is a technology company focused on developing autonomous software agents for the mass market, backed by $7 million in seed funding from MLVentures [8]

Core Viewpoint - The 2026 Spring Festival Gala showcased a high concentration of robots from four Chinese companies, marking a significant moment for the commercialization of humanoid robots and AI technology in China [2][5][25]. Group 1: Robot Companies and Performances - Four companies, Songyan Power, Yushu Technology, Magic Atom, and Galaxy General, presented their robots at the Spring Festival Gala, providing a technology-rich experience for the audience [12][15]. - Songyan Power's robots were featured in a skit with famous comedian Cai Ming, emphasizing their affordability and accessibility, with many models priced below 10,000 yuan [18][15]. - Yushu Technology, a returning participant, showcased a martial arts performance, highlighting their advanced motion control capabilities [20][22]. - Galaxy General, valued at $3 billion, presented a touching microfilm featuring their robots, which can interact naturally with humans [22][24]. - Magic Atom demonstrated their high-dynamic bipedal robots in a musical performance, showcasing their extensive self-research capabilities [22][24]. Group 2: Commercialization and Market Impact - The participation of robots in the Spring Festival Gala serves as a critical endorsement, addressing public concerns about safety and reliability, and opening up B2B and B2C market opportunities [14][26]. - The cost of advertising during the gala ranges from 16.99 million to 44 million yuan, with individual robot performances costing over 100 million yuan, indicating the high stakes involved [12][13]. - The event is seen as a significant milestone for humanoid robots, potentially marking 2026 as a pivotal year for their commercialization [25]. Group 3: AI Integration and Competition - The integration of AI models, such as the Volcano Engine's Doubao model, into robots signifies a deep collaboration between hardware and AI, enhancing the robots' capabilities [28][31]. - Major tech companies like ByteDance and Alibaba are heavily investing in AI, with ByteDance planning to invest over 150 billion yuan and Alibaba 380 billion yuan in the next three years, indicating a fierce competition for AI dominance [57][58]. - The marketing strategies employed by these companies during the gala reflect their ambitions to establish a strong foothold in the AI ecosystem, with a focus on user engagement and long-term brand loyalty [62][64].