据新华社消息：美国特斯拉公司首席执行官埃隆·马斯克日前在社交媒体平台X发文称，他本人将"深度参与"特斯拉的人工智能(AI)芯片设计， 宣称其目标是"每年投入量产一款新芯片"。 本月6日，特斯拉年度股东大会批准马斯克10年期薪酬计划。马斯克若能完成全部12项企业阶段性发展目标，有望获得市值近1万亿美元的特斯 拉股票作为酬劳。 特斯拉10月22日公布的财报显示，2025年第三季度，公司营收281亿美元，比去年同期增长12%；净利润13.7亿美元，同比下降37%。 编辑：魏国峻 审核：吴祈 【来源：新华社】 马斯克说："我们的目标是每12个月将一种新AI芯片设计投入量产。预计最终生产的芯片数量将超过所有其他AI芯片总和。"相关芯片将用于自 动驾驶和"擎天柱"人形机器人，他本人将"深度参与芯片设计"，"每周二和周六"与工程团队开会。 这是2024年4月2日在美国加州圣布鲁诺一处停车场拍摄的特斯拉汽车。新华社发（李建国摄） 美国股市分析网站"寻找阿尔法"23日报道，特斯拉AI芯片版本AI4已集成到特斯拉车辆中，AI5即将完成流片，AI6的研发工作已启动。 马斯克还在贴文中招揽人才，邀请对职位感兴趣的工程师向特斯拉发送邮 ...

21 星期五 离开亚马逊 CEO 四年后，贝佐斯重返战场，携手创立了专注于制造业和工程领域的人工智能创业公司——普罗米修斯计划（Project Prometheus），并亲 自担任联合 CEO。 编辑-楓華 在最新一轮技术革命的浪潮中，真正重要的不再是风口浪尖上的弄潮儿，而是掌控底层基础设施的大佬。从马斯克到贝佐斯，这些改变时代走向的科技富 豪们，正以惊人相似的方式重塑他们的商业版图——而他们共同押注的五大关键赛道，也正在成为资本市场新的「必争之地」。 表面上，他们创造的是五花八门的产品：火箭、电动车、机器人、媒体平台。但实质上，他们正在做同一件事——打造一个由AI驱动的跨行业操作系 统，掌控未来的算力、电力、数据和物流网络。 换句话说，AI革命的核心不再是谁训练出了最聪明的模型，而是谁掌握了整个经济赖以运转的底层系统。 2025年11月 信息来源：网络 马斯克几年前就看得清清楚楚：AI 的价值绝不止于聊天机器人，而在于把它嵌入整个实体工业体系。从特斯拉的自动驾驶，到 SpaceX 的火箭调度，再到 星链的网络运行，AI 已成为他扩张帝国的底层逻辑。 xAI 的出现并不是为了和 ChatGPT 打嘴仗，而是为 ...

Core Viewpoint - Goldman Sachs reports that Baidu Group-SW (09888) third-quarter performance is broadly in line with expectations, with robust growth in cloud business and a focus on AI-related business performance [1] Group 1: Financial Performance - Baidu's AI new business revenue grew over 50% year-on-year, reaching approximately 10 billion RMB, accounting for about 40% of total revenue [1] - Goldman Sachs maintains a "Buy" rating, raising the target price from 150 HKD to 151 HKD, and increasing Baidu's US stock target price from 154 USD to 155 USD [1] Group 2: Business Outlook - The AI business encompasses cloud infrastructure, chips, AI applications and agents, as well as autonomous driving, reflecting Baidu's AI capabilities across its ecosystem [1] - Despite potential pressure on traditional search advertising in the coming quarters, there is optimism for revenue recovery in Q4 and next year driven by the rapid growth of AI-enabled businesses [1] - The group's net profit margin is expected to rebound from the third-quarter level [1]

大型赛事历来考验城市的综合运转能力，而科技正是其中的"外挂"。全运会不仅比拼竞技实力，也在展 示城市的智慧水平。自动驾驶在广州接驳观众，香港的智能通关让过境只要几秒，澳门的智慧交通系统 实时解决路面问题……这些技术让赛会期间高度集中的人流、物流、交通与跨区域活动，都在有条不紊 中实现高效协同。科技让城市在高负荷运行下，依然平稳自如，也让人们看到了未来城市的更多可能。 从开幕式的电光水雾主火炬到智慧场馆全面升级，从AI义工向导到城市自动驾驶出行服务，科技几乎 融入了这届全运会的每一处细节。人们在观看比赛的同时，也在亲身体验各类科技创新，收获惊喜与感 动。 对于观众而言，赛场上看到的是热闹与激情，而仔细想想，这背后其实有强大的科技在稳稳托底。走进 宝安体育中心的智慧指挥中心，巨大数字大屏上，成千上万台设备的数据实时跳动。它像一个会思考的 大脑，让场馆运行更加高效、安全。本届全运会的比赛场馆，不再只是传统意义上的体育馆，而是 更"聪明"的智能空间。AI摄像机能自己追踪运动员，数字人能实时讲解比赛，机器人可以巡逻安防…… 这些技术并非花架子，而是让赛事更顺畅、精准、专业的关键支撑。 在深圳龙岗大运中心，羽毛球馆屋顶6 ...

他，是2025年诺贝尔经济学奖得主。他，因"创造性破坏"理论闻名于世——这套理论解释了为何创新需要不断打破旧秩序，为何经济的活力来自持续的颠 覆与重建。 他，是法国奢侈品牌Chloé的家族继承人。他，从小在高级定制的世界里长大。与包括卡尔·拉格斐在内的设计师、艺术家长期接触，却选择了与T台和秀 场截然不同的方向——用数学模型解释经济增长的奥秘。 人物 菲利普·阿吉翁（Philippe Aghion），1956年出生，法国经济学家，现任法国法兰西学院、欧洲工商管理学院和伦敦政治经济学院教授。 2025年诺贝尔经济学奖得主菲利普·阿吉翁。受访者供图 10月13日，菲利普·阿吉翁、彼得·豪伊特和乔尔·莫基尔被授予2025年诺贝尔经济学奖，以表彰他们对"创新驱动经济增长理论的阐释"。其中，阿吉翁与豪 伊特由于"创造性破坏实现持续增长的理论"获奖，莫基尔因为揭示"通过技术进步实现持续增长的先决条件"获奖。 11月15日晚，菲利普·阿吉翁到访北京并接受封面新闻专访。这次专访中，他谈到创造性破坏的核心、中国经济的机遇与挑战、保护主义下的全球创新格 局，以及他如何在家族传统之外找到自己的人生使命。 "年轻时，我怀抱着强烈的理 ...

Group 1: Core Insights - The year 2026 is predicted to be a pivotal moment for robotics, with significant advancements in autonomous driving and drones, rather than humanoid robots [1][2] - Humanoid robots are currently viewed more as marketing and fundraising tools, lacking practical applications due to challenges in dexterity and environmental complexity [2][5] - Major breakthroughs in autonomous driving are expected, with Tesla achieving full self-driving capabilities in Texas and Waymo expanding its city coverage by 5-10 times [2][3] Group 2: Market Trends - The low-altitude robotics market is anticipated to grow rapidly, driven by advancements in AI and the commercial drone gap in the U.S. [4] - Traditional automotive companies are transitioning from "manufacturing cars" to "manufacturing robots," with more players entering the robotics industry [5] - A new "competitive cooperation" dynamic is expected between the U.S. and China in the robotics supply chain, with potential licensing and joint ventures [6] Group 3: Technological Developments - The Mag 7 tech giants are accelerating their entry into the physical robotics space, focusing on real-world data collection and partnerships with traditional industries [7] - Brain-computer interface (BCI) technology is projected to achieve significant clinical breakthroughs, with video games being a likely first application area [9] Group 4: Investment Opportunities - The first trillion-dollar private unicorn in the robotics sector is anticipated to emerge in the coming years, particularly in the fields of embodied intelligence and high-performance computing [6] - Tesla's target price is set at $410, with its valuation based on various business segments including core automotive, network services, and energy [9]

Group 1 - The core viewpoint of the report is that the recent fluctuations in the Hong Kong stock market present investment opportunities, despite external volatility and investor sentiment leaning towards securing profits [1] - The report suggests that the market is expected to recognize various positive factors and discrepancies, leading to potential upward movement after a period of consolidation [1] - The recommended investment strategy is a "barbell strategy," focusing on aggressive investments in technology (AI chain) and non-ferrous metals, while defensive investments should concentrate on high-dividend stocks and turnaround situations [1] Group 2 - The "turnaround" strategy focuses on essential consumer goods, which are showing signs of supply-demand inflection after four years of difficulties, with valuations still at historical lows [2] - Companies with competitive advantages are expected to increase market share and profit margins, leading to alpha growth, and the industry competitive landscape is anticipated to improve [2] - The high dividend strategy highlights the Hang Seng High Dividend Yield Index, which has a dividend yield of 6%, supported by stable dividend capabilities and increasing demand for dividend stocks due to the growth of southbound capital [2]

Group 1 - Didi has established a diverse transportation fleet, including ride-hailing, autonomous driving, buses, and two-wheeled vehicles, to support transportation services during the 15th National Games in Guangzhou [1] - Over 2,000 ride-hailing vehicles have been provided to facilitate quick transportation for citizens and visitors, with a focus on high-standard service during major sporting events [1] - Didi has formed two volunteer driver teams to assist with urban transportation services during the event [1] Group 2 - Didi's autonomous driving services will be available around key venues and media centers during the National Games, aligning with the "Tech National Games" concept [2] - More than 5,000 specially designed Didi Qingju bikes have been deployed along core routes and around venues to meet commuting and spectator transportation needs [2] - Didi has set up dedicated waiting areas at the Zhuhai Port and Shenzhen Bay Port to enhance inbound transportation efficiency and support the integrated transportation of the Guangdong-Hong Kong-Macau Greater Bay Area [2]

Core Viewpoint - Didi is actively enhancing transportation services in Guangzhou during the 15th National Games, providing a variety of travel options to ensure smooth transit for citizens and visitors [1][2][5]. Group 1: Transportation Services - Didi has assembled a fleet of over 2,000 ride-hailing vehicles to meet the increased demand for transportation during the National Games [2]. - The company has implemented intelligent dispatch capabilities to quickly respond to surges in passenger demand, particularly for popular events [2]. - Didi has launched bus routes connecting Guangzhou to Shenzhen and Hong Kong, facilitating convenient travel for users attending the events [4]. Group 2: Automated and Green Transportation - Didi is providing automated driving services at key venues during the National Games, promoting a "Tech National Games" concept [5]. - The automated driving service will operate from November 3 to December 15, with routes covering major thoroughfares in Tianhe and Yuexiu districts [5]. - Over 5,000 specially designed Didi bikes are deployed along core routes and around venues to assist with commuting and event attendance [7]. Group 3: Enhancing Visitor Experience - Didi has established dedicated waiting areas at the Hong Kong-Zhuhai-Macao Bridge and Shenzhen Bay for tourists, equipped with seating and information screens [9][10]. - The company is offering promotional discounts for rides during the event period, including a 30% discount for users in multiple cities and special offers for new users in Hong Kong [10].

Core Viewpoint - The Chinese government emphasizes the importance of creating application scenarios to accelerate the commercialization of "black technology" and enhance new productive forces, ultimately supporting high-quality economic and social development [1][2]. Group 1: Importance of Scenarios - Scenarios are likened to "experimental fields" for testing new technologies, which are essential for transforming "black technology" into new productive forces [1]. - The government aims to build various types of scenarios, including comprehensive major scenarios and high-value niche scenarios, to facilitate the rapid application of new technologies and products [1][2]. Group 2: Challenges and Solutions - Despite the potential of "black technology," large-scale commercial applications face challenges, such as the need for policy adjustments and technological upgrades [2]. - The approach of "testing in small areas" is suggested to address development issues, allowing for gradual exploration and problem-solving [2][3]. Group 3: Role of Government and Market - The government is tasked with expanding the supply of production, work, and living scenarios to encourage social capital investment and facilitate the transformation of technological achievements into productive forces [3]. - Opening up scenario resources is expected to stimulate market competition, enabling companies to benefit from technological advancements and efficiency improvements [3]. Group 4: Future Growth Areas - The "14th Five-Year Plan" suggests promoting emerging industries such as quantum technology, biomanufacturing, hydrogen energy, and brain-computer interfaces as new economic growth points [3]. - Establishing typical application scenarios for these future industries, along with innovative regulatory approaches, is crucial for fostering the development of small and medium-sized enterprises and nurturing unicorn companies [3].