（原标题：三六零获评年度卓越人工智能应用企业，周鸿祎荣膺年度卓越领袖?） 一、以"安全智能体"筑牢基石，AI应用打开增长新空间 若将时间轴拉长，会发现这家公司进入AI的方式，与大多数"模型公司"有着明显不同。 三六零的底色，并不是算法实验室，而是真实、长期、高频的安全与互联网场景。 从最早的360安全卫士、浏览器、导航，到后来面向政企的安全大脑、攻防体系，公司在过去二十年中 持续沉淀的是两样东西：一是对用户行为的理解能力，二是对风险、威胁与异常的识别经验。这些能力 在传统互联网时代，更多体现为安全工具；而在AI时代，则天然适合作为"智能体"的训练土壤。 2026年12月22日，在格隆汇"金格奖"年度评选中，三六零获得"年度卓越人工智能应用企业"，同时，公 司创始人兼CEO周鸿祎获评"年度卓越领袖"。 随着AI战略取得成绩，在经历了数年的战略调整、业务波动与市场质疑之后，三六零正在被重新放回 到一个更长周期的框架中审视。 市场开始看到，这家以安全起家的老牌互联网公司，基本完成了从"工具型软件厂商"向"AI应用平台型 公司"的实质性演化，并由此具备被重新定价的基础。 也正因如此，三六零并没有选择在参数规模或通用模 ...

2026年12月22日，在格隆汇"金格奖"年度评选中，三六零获得"年度卓越人工智能应用企业"，同时，公司创始人兼 CEO周鸿祎获评"年度卓越领袖"。 随着AI战略取得成绩，在经历了数年的战略调整、业务波动与市场质疑之后，三六零正在被重新放回到一个更长周期 的框架中审视。 市场开始看到，这家以安全起家的老牌互联网公司，基本完成了从"工具型软件厂商"向"AI应用平台型公司"的实质性 演化，并由此具备被重新定价的基础。 一、以"安全智能体"筑牢基石，AI应用打开增长新空间 若将时间轴拉长，会发现这家公司进入AI的方式，与大多数"模型公司"有着明显不同。 三六零的底色，并不是算法实验室，而是真实、长期、高频的安全与互联网场景。 从最早的360安全卫士、浏览器、导航，到后来面向政企的安全大脑、攻防体系，公司在过去二十年中持续沉淀的是 两样东西：一是对用户行为的理解能力，二是对风险、威胁与异常的识别经验。这些能力在传统互联网时代，更多体 现为安全工具；而在AI时代，则天然适合作为"智能体"的训练土壤。 也正因如此，三六零并没有选择在参数规模或通用模型能力上与头部大厂正面竞争，而是确立了"AI+安全"的双主线 战略——其核 ...

Core Insights - DingTalk has launched an AI entrepreneurship assistant targeting small businesses and micro-enterprises, indicating a strategic shift towards the small and medium-sized enterprise (SME) market [1] - The competition between DingTalk and Feishu is intensifying, with both platforms vying for market share among SMEs, which are becoming the new growth target as larger enterprises reach saturation [2][5] - The collaborative office market in China is dominated by DingTalk, Feishu, and WeChat Work, which collectively cover 92% of the market, with DingTalk leading with approximately 200 million monthly active users [1][2] Market Dynamics - The collaborative office market is projected to see DingTalk, Feishu, and WeChat Work competing fiercely for SME clients, as many larger companies have developed proprietary platforms [4][5] - SMEs account for over 80% of all enterprises in China, with a coverage rate exceeding 65% in lower-tier cities, making them a crucial segment for growth [5][6] - DingTalk has a significant market presence, with 58% of its commercial clients being small and micro enterprises, while Feishu leverages its connection with Douyin for marketing advantages [6][7] User Experience and Challenges - Many SMEs face challenges in effectively utilizing collaborative tools, often leading to issues such as information overload and inefficient processes [8][17] - A survey indicated that user satisfaction for DingTalk is only 65%, while Feishu's is slightly better at 78%, highlighting potential areas for improvement in user experience [19] - SMEs often struggle with the complexity and redundancy of features in collaborative platforms, leading to underutilization of available functionalities [17][18] Future Trends - The collaborative office sector is increasingly integrating AI capabilities, with both DingTalk and Feishu enhancing their offerings to include AI-driven features [11][13] - The global collaborative office software market is expected to grow from $14.06 billion in 2022 to $18.4 billion by 2027, with a compound annual growth rate of 5.5% [22] - Both DingTalk and Feishu are expanding their international presence, targeting markets in Southeast Asia and beyond, as they seek to tap into the growing demand for collaborative tools [21][24] Competitive Landscape - The competition in the overseas market is fierce, with established players like Slack, Google, and Microsoft already dominating, posing challenges for DingTalk and Feishu [24][26] - The user adoption of collaborative tools in developed markets may be lower due to cultural differences in workplace management, complicating the expansion efforts of DingTalk and Feishu [24][28] - The focus on SMEs in Southeast Asia is significant, as they represent a large portion of the market, but the challenges of penetrating this segment remain [27][28]

Core Insights - The report by QuestMobile indicates that by September 2025, the total number of internet users in China is expected to reach 1.269 billion, reflecting a 2% year-on-year growth, while the average monthly usage time per user is projected to be 178.2 hours, marking an 8.2% increase, the highest growth rate in nearly a year [1][3] Group 1: AI Integration and User Engagement - The integration of AI technologies has led to significant user engagement, with mobile AI applications reaching 729 million users, and In-App AI applications alone accounting for 706 million users, showing a compound growth rate of 9.3% in the third quarter [1][3] - AI as a foundational technology has expanded existing business models, with In-App AI and mobile manufacturers' AI assistants surpassing 706 million and 535 million monthly active users, respectively [3][5] Group 2: Competitive Landscape and Ecosystem Collaboration - Major internet companies in China have shifted from a competition based on parameter comparisons to an ecosystem collaboration model, focusing on optimizing models to meet customer needs, with 182 model upgrades completed by leading firms from January to September 2025 [7][9] - The competitive focus has transitioned to ecosystem synergy, with internal applications within Tencent, Alibaba, and Douyin ecosystems being interconnected to enhance user experience and service offerings [7][9] Group 3: Growth of AI Applications - The third quarter saw the emergence of several high-growth AI applications, with eight applications achieving a compound growth rate exceeding 10%, and five of the top ten applications by growth rate being native apps from leading internet groups [5][9] - The "360 AI Office" application led the growth in PC client applications with a remarkable 74.8% increase, benefiting from the support of other applications within the 360 ecosystem [9]

Core Insights - The AI application market is experiencing rapid growth, with mobile and PC active user counts reaching 729 million and 200 million respectively by September 2025 [3][4][20] - Major companies are shifting focus from parameter competition to ecosystem collaboration, optimizing models to meet customer needs and expand application scenarios [4][9] - The In-App AI plugin model has become the leading growth driver, with 31 out of the top 50 AI applications being plugins [4][5][24] Market Overview - By September 2025, the mobile AI application market has surpassed 700 million users, with native apps, In-App AI, and mobile manufacturer AI assistants reaching 287 million, 706 million, and 535 million users respectively [20][9] - The growth of mobile applications is supported by a stable head of native apps, while the PC web applications face challenges, with over 75% experiencing growth difficulties [5][60] User Engagement - The average usage time for native AI applications is 117.7 minutes, significantly higher than In-App AI plugins at 31 minutes and mobile manufacturer AI assistants at 5.3 minutes [6][24] - The top AI applications show a stable user base, with notable growth in vertical applications like AQ and Doubao, which have seen substantial increases in active users [6][38] Competitive Landscape - The competitive landscape is solidifying, with nearly 60% of native apps experiencing negative growth, indicating a narrowing window for new entrants [31][34] - Vertical applications are thriving, with AQ, Doubao, and Jimeng AI showing impressive growth rates of 83.4%, 15.7%, and 12.1% respectively [38][40] Ecosystem Development - The MCP services have reached 9,384, facilitating ecosystem collaboration and marking a new phase of commercialization in the AI industry [4][9][80] - Companies are focusing on integrating AI into business scenarios, enhancing user experience through seamless service delivery [70][72] Future Trends - The AI market is transitioning from a focus on broad capabilities to specialized, efficient solutions, with a significant increase in model updates and iterations [16][18] - The integration of payment capabilities is seen as a key milestone for the commercialization of AI applications, paving the way for an "AI as a service" economy [85][87]

Core Viewpoint - The year 2024 is recognized as the year of AI application explosion, with AI expected to become a fundamental service empowering various industries. The performance of AI-related companies in the A-share market is under scrutiny as they report their mid-year results for 2025, questioning whether their AI businesses have formed a positive commercial cycle [1]. Group 1: Company Performance - Company 360 has faced continuous revenue decline from 2019 to 2024, with a reported revenue of 3.827 billion yuan in the first half of this year, reflecting a year-on-year growth of 3.67%. However, the net profit attributable to shareholders was -282 million yuan, showing a year-on-year increase of 17.43% [1]. - Despite a slight rebound in revenue growth, the company remains in a state of continuous loss. Notably, the growth rate of sales expenses has significantly outpaced revenue growth, with sales expenses increasing nearly 35% while revenue growth was less than 4% in the first half of the year [1]. Group 2: Business Model and Market Dynamics - The company's internet advertising and service business relies on various products such as "Nano AI Search," "360 Search," and "360 Security Guard" as traffic entry points. The traditional PC product matrix has been the core of its traffic acquisition and retention [2]. - The PC security product, particularly 360 Security Guard, has maintained a leading user scale, with an average monthly active user count of 430 million. However, the mobile internet wave has captured a significant portion of advertising budgets, with mobile accounting for nearly 89% of internet advertising expenses according to QuestMobile's report [2]. - The company has acknowledged the challenges posed by the shift to mobile internet, which has led to a reduction in the traditional PC advertising market and a risk of declining revenue scale [3]. Group 3: AI Strategy and Product Development - In response to market challenges, the company has deepened its "AI+AI" strategy, focusing on reshaping its business with AI. It continues to iterate on AI-native internet products such as "Nano AI Search" and "360 AI Office" [3]. - According to the AI product rankings published in June 2025, "Nano AI Super Search" ranked first in the "AI Product List - Intelligent Agent List" with a monthly visit count exceeding 150 million. However, there has been a decline in overall monthly active users for Nano AI Search [3]. - The company has made significant R&D investments, with expenditures of 3.129 billion yuan, 3.314 billion yuan, 3.104 billion yuan, and 3.202 billion yuan from 2021 to 2024, and 1.565 billion yuan in the first half of 2025 [3].

Core Viewpoint - 360 is attempting to break through the development bottleneck of the AI era with its intelligent agent strategy, upgrading its generative AI search product, Nano AI, to a "multi-agent swarm" and launching the "Agent Factory" to facilitate collaborative AI capabilities [2][3]. Group 1: Strategic Developments - The transition from "single-agent operation" to "group collaboration" is a significant evolutionary step for AI, marking a key transition into the "results delivery era" [3]. - 360 has introduced the "Agent Factory," allowing enterprises to customize their own L3 intelligent agents without programming knowledge, aiming to enable every company to create its own intelligent agents [3]. - The evolution of intelligent agents is categorized into four levels: L1 (chat assistants), L2 (low-code workflow agents), L3 (reasoning agents), and L4 (multi-agent swarms) [3]. Group 2: Market Position and Performance - Nano AI is positioned as the world's first true L4 intelligent agent system, reflecting a competitive landscape where various companies are rapidly developing intelligent agents [4]. - Despite the competitive environment, Nano AI has achieved significant recognition, ranking first among intelligent agents in terms of traffic in June [6]. - 360's financial performance has been under pressure, with a projected net loss of approximately 320 million to 240 million yuan for the first half of 2025, although losses have narrowed compared to the previous year [5][6]. Group 3: Future Outlook and Challenges - The success of 360's AI business is crucial for improving its financial situation, with a focus on integrating AI with security services [6][7]. - Industry experts emphasize that 360 must leverage its dual advantages in security and traffic to create a paradigm shift in the AI landscape, rather than merely following trends [7].

Core Insights - The 13th Internet Security Conference (ISC.AI 2025) will be held on August 6-7 in Beijing, focusing on the theme "ALL IN AGENT" to promote innovation in agent technology, industry integration, and ecological prosperity [1][3] Industry Developments - Since its inception in 2013, ISC.AI has kept pace with the evolving security landscape, emphasizing the development direction in the security field [3] - In 2025, artificial intelligence is entering a new phase, with agent technology accelerating its integration into core industrial sectors, becoming a key driver of industrial transformation [3] Conference Structure - ISC.AI 2025 will feature eight major sections and over 30 events, including an opening ceremony, future summit, technology and industry forums, and public lectures, focusing on cutting-edge viewpoints and promoting digital security upgrades [4] - The conference will continue its twelve-year legacy in the security domain, discussing topics such as knowledge graph reconstruction of security systems, applications of security intelligent agents, and responses to ransomware challenges [4] AI Integration - The conference will deeply integrate intelligent agents into core activities for the first time, with support from the "intelligent agent team" from the nano AI market, providing comprehensive intelligent support [4] - Attendees will have access to dedicated AI assistants for smart schedule management, real-time meeting minutes, and personalized content recommendations, enhancing the conference experience through natural language interaction [4] Future Innovations - The ISC.AI Park will feature a future experimental area, including a hacker market and AI interactive experience zone, creating a complete ecosystem from creative incubation to practical experience [4]

Core Viewpoint - Company 360 (601360.SH) continues to report losses, but signs of a turning point are emerging as it anticipates reduced losses in the upcoming quarters [1][4]. Financial Performance - For the first half of 2025, the company expects a net profit attributable to shareholders of approximately -320 million to -240 million yuan, and a non-net profit of about -340 million to -250 million yuan, indicating ongoing losses [1][4]. - Compared to the same period last year, the losses are expected to decrease, with a significant possibility of turning profitable in the second quarter of 2025 [2][5]. - In the first quarter of 2025, the company reported an operating income of 1.864 billion yuan, a year-on-year increase of 8.39%, with net losses of 273 million yuan and 282 million yuan for net profit and non-net profit respectively [5]. Sales and Marketing Strategy - The increase in losses is attributed to heightened sales expenses aimed at enhancing product promotion and market influence, with sales expenses reaching 804 million yuan in the first quarter of 2025, a 72.08% increase from the previous year [5][8]. Research and Development Investment - The company has maintained a strong commitment to research and development, with cumulative R&D investments reaching 23.1 billion yuan from 2017 to 2024, and R&D expenditure accounting for 40% of operating income in 2024 [2][9]. - R&D investments have consistently exceeded 3 billion yuan annually from 2021 to 2024, supporting the company's transition and innovation efforts [8][10]. Business Segments and Performance - The company's main business segments include internet advertising and services, smart hardware, internet value-added services, and security, with varying revenue performance across these segments in 2024 [8]. - The revenue from internet value-added services grew by 25.51%, while other segments like smart hardware and security saw significant declines of 35.44% and 27.06% respectively [8]. Strategic Direction - The company is actively pursuing a dual strategy of "AI + Security" to contribute to the development of a modern digital economy, focusing on digital safety and AI-driven solutions [3][10]. - The company has launched various AI products and solutions, enhancing its capabilities in the digital security domain and aiming to support the digital transformation of various sectors [10][11].

"我准备干掉 360 整个市场部，这样一年可以给公司省下几千万 元 。" 6 月 6 日， 360 集团创始人、董事长兼首席执行官周鸿祎在其个人自媒体账号上宣布。 周鸿祎表示，这听起来像天方夜谭，但是他准备动真格了。 "从今天起我要准备做一个挑 战，我一个人要完成一场完整的新产品发布会——测试公司 6 月 11日 即将发布的纳米 AI 超级搜索智能体。"周鸿祎称。 往期回顾 据周鸿祎早前视频介绍，他提到的即将发布的纳米 AI 超级搜索，是一款 AI 搜索类的超级 智能体，不同于以往 AI 搜索只能生成文字答案，纳米 AI 超级搜索可以在没有人工干预的 情况下自主进行思考、直接调用浏览器和外部工具自动执行任务等。 去年 12 月， 360 曾在互动平台表示， 2024 年来， 公司相继发布了 " 纳米搜索（原 360AI 搜索） " 、 "360AI 浏览器 " 和 "360AI 办公 " 三大 AI 原生产品，并持续进行产 品迭代升级，用户体验和用户黏性持续保持高速增长。 另据报道，今年 4 月 23 日， 360 旗下纳米 AI 正式发布 "MCP （大模型上下文协议）万 能工具箱 " ，周鸿祎介绍，万能工 ...