作者 | 刘双 1 月 6 日至 9 日，全球消费电子领域的顶级盛会 CES 2026（国际消费电子展）在拉斯维加斯正式启幕。作为全球科技产业的"风向标"，本届 CES 吸引 了 4112 家企业参展，从芯片到硬件再到垂直场景应用，上千家企业同台展示 AI 的深度融合及应用。 中国 AI 硬件明星企业「未来智能」也携旗下全球化品牌 viaim 再度参展，以"We aim to explore"为主题的展台，凭借科技感十足的设计与沉浸式场景体 验，成为展会焦点。 CES 现场，未来智能不仅带来了讯飞 AI 会议耳机 Pro3 与 Air2，更斩获微软颁发的"人工智能创新奖（MICROSOFT AI INNOVATION AWARD）"，展 现出中国 AI 硬件品牌的全球竞争力。 全球化布局这一年：海外市场增长势能初显 精准定义场景，AI 耳机为全球办公"解题" 在黑、白、橙三色交织的 viaim 展台，讯飞 AI 会议耳机 Pro3 与 Air2 两款产品正吸引着大量观众驻足体验，他们佩戴着耳机，亲身体验着 AI 如何将语 音实时转化为结构化的文字、跨语言的知识与可执行的待办事项。 两款耳机均以"AI work ...

1月6日至9日，全球消费电子领域的顶级盛会CES 2026(国际消费电子展)在拉斯维加斯正式启幕。作为 全球科技产业的"风向标"，本届CES吸引了4112家企业参展，从芯片到硬件再到垂直场景应用，上千家 企业同台展示AI的深度融合及应用。 CES现场，未来智能不仅带来了讯飞AI会议耳机Pro3与Air2，更斩获微软颁发的"人工智能创新奖 (MICROSOFT AI INNOVATION AWARD)"，展现出中国AI硬件品牌的全球竞争力。 精准定义场景，AI耳机为全球办公"解题" 在黑、白、橙三色交织的viaim展台，讯飞AI会议耳机Pro3与Air2两款产品正吸引着大量观众驻足体 验，他们佩戴着耳机，亲身体验着AI如何将语音实时转化为结构化的文字、跨语言的知识与可执行的 待办事项。 据未来智能披露，2025年全年，viaim在北美市场的绝对销量增长超17倍，四季度表现尤为亮眼，11 月、12月的月销量环比增幅分别达54.2%、99.96%，持续刷新年内销售峰值。在亚太及中东市场，viaim 已覆盖日本、阿联酋、新加坡、马来西亚、泰国等多个国家，从1月的高基数开局，到5月单月销量暴涨 超35倍、7月GMV增长 ...

Core Insights - The Shanghai Stock Exchange Sci-Tech Innovation Board Artificial Intelligence Index has decreased by 1.47% as of October 23, 2025, with mixed performance among constituent stocks [3] - The recent launch of iFlytek's AI conference headset Air2 has won the Japan G-Mark award, highlighting international recognition for Chinese AI hardware design [4] - Alibaba's Qwen3-VL series has introduced new models, indicating a competitive landscape in mobile AI applications [4] - OpenAI has released a new AI-driven web browser, ChatGPT Atlas, amidst discussions of potential acquisition of Chrome [4] - Samsung is entering the AI glasses market, collaborating with notable eyewear brands to integrate AI technology with fashion [4] Market Performance - The Sci-Tech AI ETF (588790) has seen a 1.62% decline, with a recent price of 0.79 yuan, but has increased by 36.50% over the past three months [3] - The ETF recorded a turnover rate of 1.78% and a transaction volume of 112 million yuan, with an average daily transaction of 558 million yuan over the past month, ranking first among comparable funds [3] Institutional Insights - OpenAI is transitioning from a product-based company to a platform-based model, aiming for rapid revenue growth through partnerships and a diversified business model [5] - The core value of large models is shifting from being disruptors to enablers, with a focus on collaborative ecosystems to expand the AI market [5] - The AI glasses market is expected to grow significantly, with projections of reaching a market size of 300-500 million USD by 2026, driven by growth in the Chinese market [5] ETF Overview - The Sci-Tech AI ETF is the largest product tracking the Sci-Tech Innovation Board AI Index, with significant holdings in key companies like Cambricon and Haiguang Information [6] - The ETF has experienced a growth of 1.581 billion yuan in size over the past three months, ranking second among comparable funds [6] - The ETF's share count has increased by 3.531 billion shares in the last six months, leading the comparable fund rankings [6] Index Composition - The Sci-Tech AI Index includes 30 major companies that provide foundational resources, technology, and application support for AI, with the top ten stocks accounting for 71.9% of the index [7]

Core Insights - The 2025 WAIC (World Artificial Intelligence Conference) showcased over 800 companies, highlighting AI as a tangible product rather than just a concept [2] - AI hardware, particularly the iFlytek AI conference headphones Pro3 and Air2, demonstrated significant advancements in practical applications, moving beyond mere novelty [4][5] - The AI hardware market in China is projected to reach 1.102 trillion yuan in 2025, with a year-on-year growth of 13.4% and a compound annual growth rate of 18% over the next five years [5] - Future Intelligent's CEO emphasized that focusing on "vertical scenarios" is crucial for unlocking the value of AI hardware [6][9] Industry Trends - The AI hardware market is rapidly evolving, with significant competition from major players, making it essential for startups to differentiate their offerings [4][5] - The trend is shifting from generic AI hardware to specialized applications that address specific user needs, particularly in professional settings [9][10] - The concept of "Agentic AI" is emerging as a key trend, with the potential to create a multi-trillion-dollar market by enhancing collaboration among knowledge workers [21][23] Company Developments - Future Intelligent's AI headphones have gained over 1 million users across more than 50 industries and 180 countries, showcasing their practical utility [9][10] - The company plans to evolve its offerings from AI headphones to a comprehensive "Agentic AI" office assistant, integrating hardware and software for enhanced productivity [10][20] - The recent product launches of Pro3 and Air2 are seen as a significant step towards commercializing Agentic AI capabilities, moving beyond traditional hardware limitations [13][26] Market Dynamics - The global AI headphone market is expected to grow from $320 million in 2020 to approximately $1.05 billion by 2024, reflecting a compound annual growth rate of 140% [21] - Major tech companies are increasingly investing in AI hardware, indicating a competitive landscape where innovation and user-centric design will be critical for success [14][25] - Future Intelligent's strategy focuses on leveraging private data and understanding specific industry needs to create a competitive edge in the AI hardware market [16][18]

Core Viewpoint - Future Intelligent aims to break through the market with a "hardware + scenario" approach, focusing on AI technology innovation in office environments and contributing to Shanghai's goal of becoming a global AI hub [2][4]. Group 1: Company Strategy and Product Development - Future Intelligent's CEO, Ma Xiao, emphasizes that AI's value lies in solving specific problems in real scenarios rather than showcasing flashy technology [6]. - The company has focused on the "office + hardware" vertical, choosing headphones as the medium due to their proximity to voice interaction scenarios and the pressing need for efficient meeting documentation [6][8]. - The product iteration path has been clear, with the AI headphones evolving from basic recording to advanced features like multi-role differentiation and intelligent summarization, addressing user pain points effectively [6][8]. Group 2: Hardware and AI Integration - Ma Xiao asserts that AI hardware must first be excellent basic hardware, with the "5+X" principle highlighting the importance of sound quality, battery life, noise cancellation, comfort, and design, alongside AI functionalities [8]. - The success of the AI headphones is attributed to their high-end hardware quality and practical AI features, making them essential tools for professionals like lawyers and journalists [8][9]. Group 3: Data as a Competitive Advantage - Future Intelligent's CTO, Wang Song, points out that the true competitive edge lies in the accumulation of unique data from vertical scenarios rather than open-source algorithms [10][12]. - The company has optimized various technical aspects to enhance data transmission in meeting scenarios, leading to a deeper understanding of user interaction habits and voice data transmission patterns [10][12]. - The "one brain, multiple terminals" strategy aims to create a comprehensive intelligent ecosystem for office scenarios, allowing for seamless integration of data and task management [10][13]. Group 4: Market Positioning and Future Outlook - Future Intelligent's approach of leveraging hardware as a unique entry point to accumulate proprietary data is seen as crucial for competing against larger players in the AI hardware space [8][9]. - The company believes that the ability to close the data-task loop in vertical scenarios will transform the benefits of large models into long-term returns [13].