本报讯 （记者李春莲）近日，斑马网络技术股份有限公司（以下简称"斑马智行"）全栈自研的车载大 模型模糊意图理解与执行技术，荣获中国汽车工程学会2025年汽车智能座舱领先科技成果奖。 为此，斑马智行首创"车载大模型模糊意图理解技术"。这是一套包含"动态解析、多模态融合、协同执 行、泛化学习"四大创新的颠覆性技术体系，通过7项核心专利，实现从"听懂"到"理解"再到"执行"的全 链路智能化，推动车载交互进入"类人沟通"新纪元，在关键指标上全面超越现有技术。 据了解，该技术在经济性和实用性方面优势显著。经济性上，依托7项专利形成的技术体系，可直接集 成于现有车载系统，无需额外硬件升级，大幅降低车企研发投入，技术的可复用性强，有助于车企在不 同车型间快速推广。实用性方面，该技术有效破解了车载场景下的多项交互难题，结合个性化优化方 法，更好地满足不同用户的使用习惯。 AI加速进入智能汽车，人机交互已成为衡量座舱体验的核心标准。但当前车载系统仍停留在"简单指令 识别"阶段，"听不懂、辨不清、做不到、不进化"，极大影响了智能座舱的用户体验和发展空间。 车载大模型模糊意图理解技术是斑马元神全栈端到端AI技术方案中的一环。斑马元 ...

霸王茶姬将赴纳斯达克上市，去年交易额近 300 亿元。 北京时间 3 月 26 日凌晨，霸王茶姬向美国证券交易委员会（SEC）递交招股书，第一次清楚告诉 市场自己的策略、历程。2022 年到 2024 年，GMV 分别上涨 734.3% 和 172.9%，去年超预期地卖 出 294 亿元茶饮。在霸王茶姬定义的精品茶（premium tea，17 元以上的茶饮）品类下，霸王茶姬 市占率超 30%。去年营收和净利润分别高达 124.05 亿元 25.15 亿元，远超门店数更多的茶百道、 沪上阿姨和古茗。 蜜雪坚持做极致的低价，古茗搭建供应链能力，喜茶不断推陈出新，后起的霸王茶姬凭借自己的禀 赋选了一条不同的赛道：定义一个新的大单品、投入所有资源，"做穿" 后再尝试新东西。今年霸 王茶姬将继续推 "第二杯茶"，轻资产模式也带来更低的物流成本和库存周转天数。据招股书，霸 王茶姬预计今年开出 1000-1500 家店。4 月，霸王茶姬将开出美国第一家店。 泡泡玛特去年收入破百亿，LABUBU 所在系列创收 30 亿元。 泡泡玛特 3 月 26 日发布年报，公司收入翻倍至 130.4 亿元，首次破百亿元。LABUBU 所 ...

Group 1 - The core viewpoint of the news highlights the acceleration of AI model applications in the Hong Kong stock market, driven by strategic collaborations between major companies like BMW and Alibaba [1] - The Hong Kong Technology 30 ETF (513160) has seen a net inflow of over 500 million yuan in the past 20 trading days, indicating strong investor interest [1] - The Hong Kong Technology sector has experienced significant growth, with the Hang Seng Hong Kong Stock Connect China Technology Index rising by 71.23% since the market rally began on September 19, 2024 [1] Group 2 - Huatai Securities identifies Alibaba, Tencent, Meituan, Xiaomi, Lenovo, BYD, and SMIC as the "Seven Sisters" of Hong Kong technology stocks, which play a crucial role in the valuation reshaping of Chinese tech stocks [2] - The Hong Kong Technology 30 ETF (513160) tracks the Hang Seng Hong Kong Stock Connect China Technology Index, which has a high concentration of 60.63% in these key tech stocks [2] - Recent trading activity shows that stocks like Kingdee International and Lenovo Group have seen significant price increases, reflecting positive market sentiment [2] Group 3 - Despite some leading tech companies like Tencent and Meituan reporting slightly better-than-expected earnings, concerns about their future AI investments have led to a market pullback, presenting buying opportunities for investors [3] - The short-term outlook for tech stocks may face adjustment pressures, but the long-term potential for AI technology development, particularly with domestic models like DeepSeek, is expected to create a valuation reconstruction window for key players in the AI infrastructure and cloud computing sectors [3]

Core Viewpoint - BMW Group announced a deepened strategic cooperation with Alibaba Group to jointly develop an AI engine based on Alibaba's Tongyi AI model, aimed at the Chinese market for BMW's new generation series vehicles, expected to be delivered in 2026 [1][2]. Group 1: Strategic Cooperation - The collaboration focuses on cutting-edge technologies such as AI models and intelligent voice interaction, with the new BMW Intelligent Personal Assistant integrating the jointly developed AI engine [2]. - The AI engine will support smart cockpit and smart travel interaction scenarios, which will debut at the Shanghai Auto Show in April [3]. Group 2: Industry Trends - The automotive industry is rapidly embracing AI, with BMW emphasizing the importance of understanding local consumer needs in China through its Skylab human-computer interaction research center [4]. - BMW's CEO in Greater China highlighted the partnership with Alibaba as a testament to the benefits of collaboration in creating prosperity and growth, aiming to enter a new era of cooperation in the fields of intelligence and electrification [4]. Group 3: AI Investment and Growth - Alibaba has been a pioneer in AI technology research and application in China, with other automotive companies like Xpeng and Zeekr also integrating the Tongyi series models [5]. - As demand for AI technology grows across various industries, Alibaba Cloud's revenue is experiencing accelerated growth, with a significant recruitment drive for AI talent from top global universities [6]. - Alibaba's financial performance shows a return to double-digit growth in external commercial revenue from Alibaba Cloud, with AI-related product revenue achieving triple-digit year-on-year growth for six consecutive months [6].