Investment Rating - The report maintains a positive outlook on the computer industry, specifically recommending 360 as a relevant target [4]. Core Insights - The launch of the Nano AI Super Search Agent signifies a transition in search technology from simple model-assisted search to autonomous thinking and execution, marking the beginning of the Search Engine 3.0 era [5][6]. - The Nano AI Super Search Agent can answer complex questions and provide reliable solutions, fulfilling the vision of an 'intelligent assistant' that acts on behalf of users [5]. - The integration of the Nano AI Super Search Agent with two new AI hardware devices, Nano AI Note and Rokid AI Glasses, represents a significant step in combining foundation models with smart hardware [7]. Summary by Sections Nano AI Super Search Agent - The Nano AI Super Search Agent features eight core capabilities: understanding user intent, breaking information walls with Deep Search, simultaneous thinking and verification during searches, automatic task planning and execution, generating expert-level results, multi-model collaboration with over 80 foundation models, an innovative interactive interface with visualized workflow, and connecting to knowledge bases for personalized results [6]. AI Hardware Launch - The Nano AI Note is an ultra-thin AI recording device that magnetically attaches to smartphones for easy portability, addressing the inconvenience of traditional recording devices [7]. - The Rokid AI Glasses, powered by the Nano AI Super Search Agent, excel in functions such as translation and note-taking, effectively serving as a personal guide and knowledge base for users [7].

Core Viewpoint - The core message from the recent press conference by 360's founder Zhou Hongyi revolves around the need to integrate AI into the company's operations, particularly within the marketing department, which he initially suggested eliminating to promote AI usage [2][4][5]. Group 1: AI Integration and Marketing Department - Zhou Hongyi's statement about "eliminating the marketing department" was intended to provoke thought and encourage the team to adopt AI practices, rather than a literal plan to disband the department [3][4]. - The current AI usage rate within 360 is approximately 60-70%, with varying levels of engagement across different teams [4]. - Zhou emphasized the importance of developing habits around AI usage, indicating that all departments, including HR, finance, and legal, should work on creating intelligent agents [5][6]. Group 2: Concept of Intelligent Agents - Zhou introduced the concept of "super intelligent agents," which are expected to automate complex tasks and enhance operational efficiency [7][8]. - He believes that intelligent agents will evolve from being mere tools to becoming digital employees or assistants, with humans taking on roles as coaches and managers of these agents [5][6]. - The future workplace may see one employee managing multiple intelligent agents, shifting the focus from routine tasks to strategic oversight [5][6]. Group 3: AI Search Evolution - Zhou outlined the evolution of AI search, categorizing it into three generations, with the latest being the "nano AI super search agent," which integrates various large models for enhanced functionality [10][12]. - The upgraded nano AI super search agent can perform tasks such as planning, summarizing, and executing, showcasing a significant advancement in AI capabilities [12]. - This new search agent is designed to improve user experience by providing detailed task breakdowns and cross-platform information verification [12]. Group 4: AI Hardware Developments - 360 is also venturing into AI hardware, launching products like the nano AI Note and collaborating with Rokid on AI glasses, both of which will incorporate nano AI capabilities [13]. - The company aims to make these products competitively priced while enhancing their AI functionalities [13].