机器之心报道 编辑：Panda 近来，世界模型（World Model）很火。多个 AI 实验室纷纷展示出令人惊艳的 Demo：仅凭一张图片甚至一段文字，就能生成一个可交互、可探索的 3D 世界。这 些演示当然很是炫酷，它们展现了 AI 强大的生成能力。 但一个关键问题随之而来：这些由 AI 生成的世界中，绝大部分事物都是模型想象和虚构的。 如果我们不满足于「创造」一个虚拟世界，而是想把我们当下生活的这个真实世界（比如我们的家、办公室、工厂和城市）完整地变成一个可交互、可计算的 3D 世界呢？ 这正是如视（Realsee）想要解答的问题。11 月 13 日，如视，这家数字空间及空间智能综合解决方案引领者，正式发布了其 空间大模型 Argus 1.0，这也是全球首 个（目前也是唯一一个）支持全景图输入，推测空间深度的大模型 。它所代表的正是与虚拟生成截然不同的另一条路径：真实复刻。而这背后，正是「空间智 能」相关技术不断演进的结果。 Argus 1.0 的目标不是「虚构」世界，而是「还原」真实的世界。 它能够以毫秒级的速度，从一个场景下的单张或多张全景/普通图像中，推理出所有图像带绝对尺 度的相机位姿、深度图和 ...

Core Insights - The emergence of the "Six Little Dragons" during the World Internet Conference in Wuzhen highlights the innovative narratives in China's technology sector, particularly in robotics, brain-computer interfaces, and AI [1][2][4] - The shift from traditional internet services to AI-driven solutions signifies a new era of cross-industry integration and the rise of startups in the AI landscape [2][3] Group 1: Industry Trends - The transition from "Internet+" to "AI+" reflects a significant evolution in global technology, showcasing the deepening penetration of the internet into various sectors [2][3] - The AI era is fostering numerous entrepreneurial opportunities, with startups leveraging unique technologies and insights to reshape everyday life [2][3] Group 2: Company Developments - Companies like Yushu Technology and Qunhe Technology are making strides in their respective fields, with Yushu focusing on cost-effective and high-performance robotics [1][3] - The IPO activities of companies such as Qunhe Technology and Yushu Technology indicate a growing interaction between technology and capital markets, validating the value of emerging players [3] Group 3: Ecosystem Importance - A robust ecosystem comprising foundational research, application technologies, and financial support is crucial for the success of new tech ventures [3] - The rise of smaller companies, referred to as "Little Dragons" and "Little Tigers," signifies a diversification of innovation and investment opportunities within the tech landscape [3][5]

Core Insights - The "Six Little Dragons of Hangzhou" are leading advancements in various cutting-edge fields such as brain-computer interfaces, robotics, spatial intelligence, game technology, and open-source AI, showcasing China's transformation from a follower to a leader in technology [3][4][7]. Group 1: Industry Trends - The brain-computer interface sector has experienced significant growth over the past decade, transitioning from a niche interest to practical applications, driven by supportive policies [7]. - The rapid development of the robotics industry is attributed to China's strong manufacturing capabilities and core component integration technologies, enabling the creation of cost-effective and high-performance robots [9]. - The gaming industry in China has seen substantial growth, with local teams producing high-quality content that resonates with domestic users, as evidenced by the success of titles like "Black Myth: Wukong" [8]. Group 2: Technological Challenges - The lack of unified data standards in the field of embodied intelligence poses challenges for the development and integration of robotic systems [11]. - The complexity of human brain signal interpretation in brain-computer interfaces presents significant technical hurdles, particularly in applications like prosthetics [12]. - The robotics sector faces dual challenges of computational power and scene adaptability, necessitating innovative approaches to reduce data and computational requirements [14]. Group 3: Strategic Shifts - Companies are shifting their business models from serving human clients to focusing on machine clients, anticipating a future where the number of machines may exceed that of humans [13]. - The introduction of Spatial AI and digital twin products aims to address market needs in industrial robotics, reflecting a strategic pivot towards advanced technological solutions [14]. - The emphasis on open-source models in AI development is seen as a way to democratize access to technology and mitigate risks associated with monopolistic practices [14].

Group 1 - Company, Qunke Technology, is aiming for an IPO on the Hong Kong Stock Exchange, targeting to become the "global leader in spatial intelligence" [1] - The company previously submitted its IPO prospectus on February 14, which expired on August 14 due to not completing the listing hearing or process within the required timeframe [1] - Qunke Technology has attracted significant investment from notable institutions such as IDG Capital, Sequoia Capital, and Hillhouse Capital, providing strong financial support for its development [1] Group 2 - Financial data shows that for the first half of 2025, Qunke Technology achieved revenue of 400 million yuan and an adjusted net profit of 17.83 million yuan, indicating a turnaround to profitability [3] - The company demonstrated strong growth in AI-related vertical solutions, with revenue from its e-commerce AI solutions increasing by 188% year-on-year [3] - Qunke Technology's recent launch of the "AI Intelligent Design Platform" has significantly enhanced design efficiency for home clients, with order amounts exceeding 16 million yuan within three months [3]

Core Insights - Manycore Tech Inc. aims to become the "first global space intelligence stock" as it updates its prospectus on August 22 [1] - The company is backed by joint sponsors Morgan Stanley and Jianyin International [1] Financial Performance - Manycore Tech is projected to turn a profit in the first half of 2025, achieving an adjusted net profit of 17.83 million yuan [1] Strategic Development - The company has upgraded its space intelligence strategy, focusing on three core areas: "space editing tools, space data, and space large models" [1] - Manycore Tech is building a "space intelligence" flywheel system to enhance its operational efficiency and market position [1]

Group 1 - Manycore Tech Inc. is advancing its listing process on the Hong Kong Stock Exchange, aiming to become the "first global space intelligence stock" [1] - The company has updated its prospectus as of August 22, with Morgan Stanley and Jianyin International serving as joint sponsors [1] - Manycore Tech is projected to achieve profitability in the first half of 2025, with an adjusted net profit of 17.83 million yuan [1]

Core Insights - Tianyu Digital Technology (Dalian) Group Co., Ltd. reported significant improvements in both business scale and profitability for the first half of 2025, with revenue reaching 988 million yuan, a year-on-year increase of 29.64%, and a net profit of 23.62 million yuan, marking a return to profitability [1] - The company has effectively reduced costs and improved operational quality through AI-driven initiatives, achieving a second-quarter revenue of 503 million yuan, up 28.22% year-on-year and 3.71% quarter-on-quarter, with a net profit of 18.38 million yuan, a substantial increase of 250.62% quarter-on-quarter [1] - The company’s financial health has improved, with positive operating cash flow and enhanced operational stability [1] Business Performance - The three major business platforms of Tianyu Digital Technology have expanded significantly, with the AI marketing SaaS platform showing continuous revenue growth [2] - Data traffic business generated 967 million yuan in revenue, a year-on-year increase of 29.56%, with a gross margin of 21.70% [2] - The total registered users of the platform reached 349 million, maintaining an annual growth rate of 25 million users [2] - The company has registered over 1.5 million 3D data and 650,000 multimodal data sets, enhancing the quality and quantity of its spatial intelligence MaaS platform [2] Strategic Developments - The integration of AI technology with marketing services has allowed the company to provide comprehensive digital solutions for brand lifecycle management, establishing a complete business loop from traffic operation to product development [2] - The cross-border e-commerce business achieved a transaction volume of 130 million yuan, contributing significantly to the company's performance [2] - Experts have noted the forward-looking nature of the company's layout in data traffic and AI, indicating ongoing improvements in operational quality through business optimization and new field developments [3]

Group 1 - Beijing Feidu Technology Co., Ltd. recently completed a strategic financing of several tens of millions of yuan, jointly invested by Longgang Jin控 and Daoshi Technology [1] - Feidu Technology, founded in 2005 and headquartered in Beijing, has branches in nine major cities and focuses on developing digital twin operating systems for various industries, leveraging its proprietary data, rendering, and AI engines [2] - The latest spatial intelligent model "Zhengrong" has achieved top-tier capabilities in perception, cognition, creation, and deduction in the physical world [2] Group 2 - The funds from this round of financing will be used for three main purposes: enhancing the algorithm iteration and domestic computing power adaptation of the "Zhengrong" model, accelerating the overseas expansion of digital twin products, and expanding the industry expert team to deepen engagement in high-potential scenarios such as water conservancy and energy networks [3] - The investment decision was influenced by Feidu Technology's 20 years of technical accumulation in the spatial intelligence field and the rapid implementation of benchmark cases, which align well with Daoshi's business in industrial internet and lithium battery material digital factories [3] - Recent policies in Shenzhen and Beijing promoting "spatial intelligence + digital twin" initiatives highlight Feidu Technology's responsiveness and the collaboration between industrial capital and local governments, aiming to mitigate risks for investors while providing resources for financing parties [3]