2025 年是 XR 行业过去十年中最具里程碑式的一年。 文/VR陀螺 冉启行 2025 年，是 XR 行业过去十年中最具里程碑式的一年。 如果说 2024 年是行业在"空间计算"与"AI 眼镜"两大变量前的蓄力与试探，那么 2025 年，无疑是两大变量发生剧烈化学反应后的"质变之年"。 这一年，我们目睹了 AI Agent 赋予了眼镜真正的灵魂，从初创公司到手机厂商、互联网大厂纷纷入场，也见证了 MR 空间技术在巨头博弈中走出实验 室，也亲历了 LBE 大空间从一种新奇体验演变为散布在各个城市的文化肌理。 喧嚣之后，泡沫散尽，留下的皆是坚硬的岩石。站在 2025 年的尾声，我们试图通过梳理这十大标志性事件，在碎片化的信息洪流中，拼凑出过去 365 天 里 XR 产业最真实的进化逻辑。 （本文为 VR陀螺「2025 年复盘系列」十大行业事件篇，主要聚焦 2025 年全球关注度最 Top 的技术、产品与行业大事。） 01 Rokid CEO用AI眼镜提词 "品牌"与"融资"完成双赢 2025 年 2 月，杭州市余杭区经济高质量发展大会上，一款能将演讲词呈现在镜片上的 AI 眼镜Rokid 乐奇眼镜成为热搜的"主 ...

Group 1 - The U.S. government has announced a series of tariff increases ranging from 10% to 41% on various countries and regions, with specific rates based on trade balances [2] - The Chinese government is implementing two significant policies to stimulate consumption through interest subsidies for personal consumption loans and service industry loans [3] - Public funds in China have seen nearly 5 billion yuan in self-purchases this year, with passive index funds being particularly favored by institutions [4] Group 2 - Hong Kong has officially opened its licensing window for stablecoin issuers, with specific regulatory guidelines released [5][6] - NVIDIA has addressed concerns regarding security vulnerabilities in its chips, asserting that there are no backdoors allowing remote access [7] - Apple's recent financial report showed a significant revenue increase, reaching $94.04 billion, a 10% year-over-year growth, driven by strong iPhone sales and service business [7] Group 3 - The innovative drug sector has seen a remarkable performance, with several ETFs returning over 100% this year, although experts caution that such a broad rally may not be sustainable [8] - The price of humanoid robots has drastically decreased, with new models priced significantly lower than previous versions, attributed to increased competition and higher domestic production rates [9] - A total of 24 listed companies in China have announced mid-term cash dividends exceeding 14.55 billion yuan [10] Group 4 - Two stocks, Xizang Tourism and *ST Guandao, have experienced extreme price fluctuations, with the former facing a potential trading suspension due to rapid price increases [11][12] - The European Commission is conducting a deep investigation into a €14.7 billion acquisition by ADNOC of Covestro, concerned about potential foreign subsidies distorting competition [13] - Major companies like Huawei, Xiaomi, and Alibaba are competing in the XR industry, with the market for AI glasses facing challenges despite high expectations [14] Group 5 - Public fund institutions conducted over 3,400 research visits in July, with a focus on the electronics sector and its applications [15] - The A-share market saw a decline in major indices, with the Shanghai Composite Index closing down 1.18% [15] - The Hong Kong stock market also experienced a downturn, with the Hang Seng Index falling 1.6% [16] Group 6 - Foreign investment in Chinese assets has shown stability, with a net increase of $10.1 billion in domestic stocks and funds in the first half of the year [18] - Goldman Sachs maintains a positive outlook on the Chinese stock market, expecting continued foreign inflows and improved corporate earnings [19]