Core Viewpoint - The article discusses vivo's development of the Blue River operating system, emphasizing its transition from self-research to open-source, driven by the need for a secure, lightweight, and versatile OS in the AI era [1][20]. Group 1: Operating System Evolution - The operating system has become a critical component in the AI era, acting as a gatekeeper for hardware resources and data flow, while also raising security concerns due to increased vulnerabilities [3][4]. - Traditional operating systems, primarily built on C language, face structural limitations in adapting to modern demands for lightweight and secure systems [4][12]. Group 2: Rust Language Adoption - Rust is identified as a solution to overcome the limitations of traditional programming languages, offering memory and concurrency safety without sacrificing performance [5][9]. - The Blue River kernel, built using Rust, aims to provide a secure runtime environment, with a minimal memory footprint of just 13KB, making it suitable for various devices [12][14]. Group 3: Open Source Strategy - vivo's decision to open-source the Blue River kernel is aimed at fostering an ecosystem around Rust, encouraging developer engagement and collaboration [21][22]. - The company is actively promoting Rust through competitions and partnerships with academic institutions, positioning itself as a leader in the Rust programming community [22][24]. Group 4: Future Outlook - The launch of the Blue River operating system marks a significant step for vivo in addressing user experience challenges and adapting to the evolving landscape of smart devices [18][19]. - The open-source initiative is seen as a starting point for building a robust ecosystem around the Blue River operating system, contributing to the growth of domestic Rust language applications [26].

Investment Rating - The report maintains a "Recommended" investment rating for the computer industry, indicating that the industry index is expected to outperform the benchmark index by more than 10% [5]. Core Insights - The computer industry index rose by 1.71% during the week of July 21-25, 2025, continuing the upward trend observed in the previous two weeks. The Shanghai Composite Index increased by 1.67%, the Shenzhen Component Index by 2.33%, and the ChiNext Index by 2.76% [1][10]. - The World Artificial Intelligence Conference (WAIC 2025) opened, showcasing over 800 companies and a variety of AI products, indicating that the AI industry is entering a critical commercialization phase. The report suggests focusing on listed companies with customer resources and benchmark cases that have the potential for large-scale implementation [3][23]. Summary by Sections Market Review - The computer industry index increased by 1.71%, with notable performances in the software development sector, which rose by 2.17%. Other segments, such as computer equipment and IT services, saw increases of 0.98% and 1.66%, respectively [1][11]. Major Events - The WAIC 2025 featured significant participation from government officials and industry leaders, emphasizing the importance of AI development and governance. The conference highlighted the need for innovation, cooperation, and governance in AI [21][23]. - Key announcements included the release of advanced AI models and tools by major companies, indicating ongoing innovation in the sector [15][18]. Key Announcements - Hai Tian Rui Sheng projected a revenue increase of approximately 61.06% to 78.01% for the first half of 2025, with expected revenues between 148.86 million and 164.53 million yuan [2][17]. - Hehe Information estimated a revenue growth of 19.15% to 26.13% for the same period, with revenues expected to be between 820 million and 868 million yuan [2][22]. Investment Perspective - The report emphasizes the positive momentum in the computer industry, driven by the ongoing advancements in AI technology and the increasing commercialization of AI applications. It recommends focusing on companies that have established customer bases and successful case studies [20][23].

Group 1: AI Initiatives and Innovations - Trump signed the "AI Action Plan" with a framework of three pillars (AI innovation, infrastructure, international diplomacy) and introduced over 90 executive orders [1] - The U.S. government plans to relax AI regulations, promote open-source models, accelerate data center construction, and revitalize the semiconductor manufacturing industry [1] - Lovable launched the next-generation AI programming product "Lovable Agent," achieving $100 million in annual revenue with a 91% reduction in error rates [2] - ByteDance released the end-to-end simultaneous interpretation model Seed LiveInterpret 2.0, achieving human-level accuracy and reducing translation delay by over 60% [3] - Higgs Audio V2, developed by Li Mu's team, is based on 10 million hours of audio data and supports various advanced speech generation capabilities [4][5] Group 2: Healthcare and Historical Research - DeepRare, the world's first rare disease reasoning AI diagnostic system, achieved an average Recall@1 of 57.18%, outperforming the best methods by 23.79% [6] - Google DeepMind's Aeneas model assists in interpreting Latin inscriptions from 7th to 8th centuries, with an average error of only 13 years [7] Group 3: Technology Development and Market Trends - Vivo open-sourced its self-developed Blue River operating system kernel, designed for embedded and mobile devices, addressing memory safety issues [8] - Microsoft CEO Nadella emphasized that AI should ultimately drive GDP growth rather than merely showcase technological prowess, identifying healthcare, education, and productivity as key areas for AI value creation [9] - The potential for free, round-the-clock access to GPT-5 for everyone was discussed, highlighting a transformative shift in education and computing methods [10]