Group 1 - The core viewpoint is that the development space for edge AI is vast, with the Volcano Engine showcasing various smart hardware products like AI alarm clocks and AI learning machines, indicating a continuous increase in the categories of large models being implemented on hardware [1] - The Doubao large model family has been fully launched, covering various types such as language, video, and voice, demonstrating outstanding performance and cost advantages, and has been widely applied in industries like mobile, automotive, and finance, accelerating the process of industrial intelligence [1] - Multi-modal vertical upgrades are becoming an important path for the implementation of AI, with edge AI accelerating penetration in IoT and other fields, and technological advancements expected to show exponential growth with improvements in computing power and model optimization [1] Group 2 - The communication industry is performing steadily, with edge AI emerging as a significant growth point [1] - The Communication ETF (515880) tracks the communication equipment index (931160), which is compiled by China Securities Index Co., Ltd., selecting listed companies involved in communication network equipment, terminal devices, and related services from the A-share market to reflect the overall performance of the communication equipment industry [1] - Investors without stock accounts can consider the Guotai Zhongzheng All Index Communication Equipment ETF Connect A (007817) and Guotai Zhongzheng All Index Communication Equipment ETF Connect C (007818) [1]

而AI时代的到来，必然又将诞生一批新的科技巨头。 从创业公司到互联网巨头，甚至到传统企业，大家都在不约而同的全面拥抱AI。可以毫不客气的说， 对于腾讯、阿里巴巴、字节跳动这样的巨头来说，谁能真正抓住AI，谁就能成为下一个新时代的大 哥！ 互联网时代，成就了百度、阿里巴巴、腾讯三大PC互联网巨头； 到了移动互联网时代，百度掉队，腾讯、字节跳动、阿里巴巴又成为了新的三大互联网巨头； 字节跳动2024年AI的相关投入达到了约800亿，腾讯2024年四季度AI的相关资本支出增长到了390亿 元，阿里巴巴更是宣布未来三年要投入3800亿元来建设云与AI基础设施。 阿里巴巴AI布局：四箭齐发 第一箭：技术研发与基础设施。阿里巴巴通过平头哥推出多款芯片产品，包括倚天处理器芯片、镇岳 SSD主控芯片、含光人工智能芯片等，构建强大的硬件基础。2023年阿里巴巴发布了通义千问大语言模 型，并持续迭代推出多模态模型Quven-VL、音频模型Quven-Audio等。2025年，阿里巴巴进一步开源了 视频生成模型万相2.1，并通过开源策略降低企业使用门槛，推动模型创新和技术生态的构建。 第二箭：云计算与AI融合。阿里云与通义千问基础 ...