知情人士称，若获准采购更多先进芯片，字节可能会大幅增加资本开支。 硬·AI 作者 | 赵 颖 编辑 | 硬 AI 周二，据英国金融时报报道，TikTok母公司字节跳动计划明年增加资本支出，进一步建设人工智能基础设 施。据媒体援引知情人士消息，字节跳动初步计划的2026年资本支出达1600亿元人民币（约合230亿美 元），较今年的1500亿元有所增长。 据报道，字节跳动初步计划的2026年资本支出达1600亿元人民币，较今年的1500亿元有所增长。投资重点将集中在AI基 础设施建设上，其中约一半资金将用于采购先进芯片以开发AI模型和应用。 投资重点将集中在AI基础设施建设上，其中约一半资金将用于采购先进半导体芯片以开发AI模型和应用， 字节跳动预算明年在AI处理器上投入850亿元人民币。 硬·AI * 感谢阅读！ * 转载、合作、交流请留言，线索、数据、商业合作请加微信：IngAI2023 * 欢迎大家在留言区分享您的看法， 如果您能点个并分享的话，那就太感谢啦！ * 让我们一起，好奇地看世界 这一投资规模反映出中国科技公司在AI竞争中的积极姿态，但仍远低于美国科技巨头的投入水平。微软、 谷歌母公司Alphab ...

周二，据英国金融时报报道，TikTok母公司字节跳动计划明年增加资本支出，进一步建设人工智能基础 设施。据媒体援引知情人士消息，字节跳动初步计划的2026年资本支出达1600亿元人民币（约合230亿 美元），较今年的1500亿元有所增长。 投资重点将集中在AI基础设施建设上，其中约一半资金将用于采购先进半导体芯片以开发AI模型和应 用，字节跳动预算明年在AI处理器上投入850亿元人民币。 知情人士称，若获准采购更多先进芯片，字节可能会大幅增加资本开支。 根据本土数据分析公司QuestMobile的数据，豆包已成为中国月活跃用户数和下载量最高的AI应用。该 公司还通过推广火山引擎云服务与阿里展开激烈竞争。 高盛分析师指出，字节跳动的AI服务已成为中国使用量最大的平台。10月份，该公司日均token使用量 大幅增长至超过30万亿次，相比之下谷歌同期为43万亿次。 据一位字节跳动投资者表示，与阿里和腾讯等其他中国大型科技公司相比，字节跳动作为非上市公司的 优势在于能够更灵活地进行激进投资，在AI领域进行长期布局。 风险提示及免责条款 市场有风险，投资需谨慎。本文不构成个人投资建议，也未考虑到个别用户特殊的投资目标、 ...

Summary of Conference Call Notes Industry and Company Overview - The conference call primarily discusses the **cloud services industry** with a focus on **AI solutions** for various sectors, particularly **e-commerce** and **custom home furnishing** [2][4][5]. Key Points and Arguments 1. **Demand for AI Applications**: There is a clear demand for AI applications, especially in e-commerce and custom home furnishing, where businesses are prioritizing AI projects to enhance marketing and operational efficiency [2][4]. 2. **Custom Home Furnishing Case Study**: AIGC (AI-Generated Content) platforms are being utilized to manage resources and knowledge bases, allowing sales personnel to create personalized videos, which improves marketing effectiveness and reduces the burden on headquarters [2][7]. 3. **AI Simplification of Design Processes**: AI technology is streamlining the custom home design process, enabling designers to automate and personalize outputs for high-net-worth clients, enhancing customer experience [2][8]. 4. **Project Rollout and Feedback**: Since its launch in September 2025, the project has been tested in 20% of the country with positive feedback, with plans for nationwide expansion, although initial costs for personalized videos are high [2][13]. 5. **Cloud Resource Consumption**: AI is expected to drive a 5-6 times increase in cloud resource consumption once fully implemented, with a pricing model based on various cloud resources [2][14]. 6. **Growth Expectations**: The company anticipates a 5-6 times growth in existing business and plans to expand into new AI product applications, including outbound systems and code development assistance platforms [2][16]. 7. **AI Solutions in Traditional Industries**: Traditional industries, such as manufacturing, are increasingly adopting AI for process optimization and compliance, reflecting a broader acceptance of AI technology [32][33]. Additional Important Insights 1. **Market Competition**: The market is experiencing intense competition, with varying service quality among providers. Future developments may include a purely natural language-driven AI, which could diminish the competitive edge of service providers in general scenarios [3][40]. 2. **AI Solution Adoption Challenges**: Many clients initially struggled to define specific application scenarios for AI, but there has been a shift towards clearer use cases, particularly in the AI agent domain [4][5]. 3. **Training and User Experience**: The system is designed for ease of use, requiring minimal training for store personnel, who can generate content by simply uploading images [12]. 4. **Revenue Model**: The revenue model for AI solutions includes both human service fees and cloud resource costs, allowing for lower initial investment from clients [23]. 5. **Success Stories and Market Growth**: The number of business opportunities has significantly increased, with current opportunities being 3-4 times higher than earlier in the year, attributed to local support and successful case replication [35][36]. This summary encapsulates the key discussions and insights from the conference call, highlighting the evolving landscape of AI solutions in various industries and the strategic direction of the company.

Core Viewpoint - The company Beike (688793.SH) has successfully integrated the Doubao large model into its products through collaboration with Volcano Engine cloud services, enhancing its product intelligence [1] Group 1 - The company is leveraging cloud services from Volcano Engine for its operations [1] - The integration of the Doubao large model is aimed at injecting new intelligent capabilities into the company's products [1]

Group 1 - The company Sanqi Interactive Entertainment (stock code: 002555) responded to investor inquiries on August 15, indicating that the game server for "Douluo Continent: Soul Hunter World" primarily utilizes cloud services from suppliers such as Volcano Engine and Tencent Cloud [1]

Core Viewpoint - The company believes that scale is crucial for success in the cloud computing industry, and it aims to be a leading player in the AI cloud market, leveraging its technological advantages and market opportunities [4][6][8]. Group 1: Company Performance and Market Position - Volcano Engine has achieved a significant market share, accounting for 46.4% of the domestic cloud model invocation volume, surpassing its closest competitors combined [4][17]. - The daily token processing volume of the Doubao model has increased fourfold to 16.4 trillion since December, indicating rapid growth and adoption in the AI sector [4][26]. - The company set an ambitious revenue target of 100 billion yuan for 2021, which was significantly higher than its competitors at the time, reflecting confidence in its growth potential [5][14]. Group 2: Technological Innovations and Offerings - Volcano Engine has introduced several new services and tools tailored for AI agents, including MCP services, prompt tools, and a reinforcement learning framework, aimed at reducing operational costs and enhancing scalability [5][22]. - The company has innovated its pricing model based on input length, significantly lowering costs to encourage widespread adoption of AI agents [5][23]. - The focus on AI and agent development is seen as a transformative shift in cloud computing, moving from traditional app-based models to more autonomous, self-executing agents [25]. Group 3: Future Outlook and Market Strategy - The company anticipates that the market for AI cloud services will expand by at least 100 times, positioning itself to maintain a leading role in this growing sector [5][14]. - The strategy includes enhancing the capabilities of the Doubao model and ensuring that it meets the evolving needs of clients, particularly in terms of performance and cost-effectiveness [19][28]. - The company emphasizes the importance of vertical optimization and collaboration across departments to ensure that its AI offerings remain competitive and effective [29][30].

据《划重点》近期获悉，火山引擎2024年营收规模超过120亿元，2025年营收目标超过250亿元，实现翻 倍增长。这一规模将无限接近百度智能云——后者2024年全年营收218亿元，多家机构预计2025年增长 30%至280亿元左右。 字节跳动旗下火山引擎即将于6月11日至12日在北京举行2025原动力大会，此次大会上豆包家族将全线 升级。这家年轻的云厂商正凭借激进的低价策略和强劲的增长势头，挑战传统云计算市场格局。 更引人注目的是火山引擎在大模型调用量上的表现。 据近期国际数据公司（IDC）发布的《中国公有云大模型服务市场格局分析，2025年一季度》报告显 示，2024年中国公有云大模型调用量达114.2万亿tokens。 按照大模型调用量的市场份额来看，火山引擎独占46.4%的市场份额，位列第一，超过百度智能云 （19.3%）和阿里云（19.3%）的总和。其余的15%则由腾讯云、移动云、天翼云等其他厂商获得。 价格战成杀手锏，2折挖角竞争对手 火山引擎的快速崛起源于其"简单粗暴"的低价策略。 AI Agent成新焦点 即将召开的2025原动力大会上，火山引擎将展示豆包家族的全线升级，涵盖AI Coding与 ...