2025.11. 25 本文字数：1887，阅读时长大约3分钟 作者 | 第一财经 刘晓洁 11月25日晚，谷歌（GOOGL.US）美股盘前大涨超4%，若开盘保持该涨幅，谷歌总市值将首次突 破4万亿美元。此前，总市值突破过4万亿美元的上市公司中有英伟达、苹果和微软，但随后微软掉 出该队伍。 一周以来，新模型Gemini 3 Pro和Nano Banana Pro的发布引发AI圈狂欢，谷歌也成功逆袭，风 头压过OpenAI，市值屡创历史新高。就在11月25日凌晨，美股收盘时谷歌大涨超6%，收于 318.58美元/股，目前市值已超过3.8万亿美元，超过微软的3.52万亿美元，进入美股总市值前三。 TPU是谷歌专门为AI任务打造的、用于加速机器学习的芯片，相较于英伟达的GPU，TPU在特定场 景下能效更具优势。早在2015年，谷歌就在内部部署了TPU，但多年以来，谷歌一直将其定制的 TPU限制在自家的云数据中心内，仅向运行大规模AI工作负载的公司出租算力。 但现在谷歌正将其芯片直接部署在客户自己的数据中心内，这标志着其战略的重大转变。谷歌云内部 高管透露，扩大TPU的市场采用率，有望帮助公司抢占英伟达年收入份额的1 ...

一周以来，新模型Gemini 3 Pro和Nano Banana Pro的发布引发AI圈狂欢，谷歌也成功逆袭，风头压过OpenAI，市值屡创历史新高。就在11月25日凌晨，美股 收盘时谷歌大涨超6%，收于318.58美元/股，目前市值已超过3.8万亿美元，超过微软的3.52万亿美元，进入美股总市值前三。 近一个月以来谷歌美股的涨幅已超过20%。 11月25日晚，谷歌（GOOGL.US）美股盘前大涨超4%，若开盘保持该涨幅，谷歌总市值将首次突破4万亿美元。此前，总市值突破过4万亿美元的上市公司 中有英伟达、苹果和微软，但随后微软掉出该队伍。 近一个月以来谷歌美股的涨幅已超过20%。今年初，谷歌的股价还在190美元/股附近，至今涨幅超过67%。 Gemini 3系列模型或许是谷歌这两年AI战略的重要里程碑。自2022年底ChatGPT发布以来，谷歌一直被认为"起大早赶晚集"，在AI竞赛中处于追赶OpenAI的 状态，但新的模型可能会改写格局，谷歌正在夺得领先地位，尤其是OpenAI的GPT-5被指"噱头大于实际"的情况下，AI产业正需要一个新的旗手。 谷歌在发布新模型的同时公布了Gemini用户的数据：月活跃用户 ...

谷歌：让用户把任何想法变成现实。 大模型领域的竞赛，在2025年年末又迎来一波新高潮。 OpenAI在8月初发布GPT-5，Anthropic在9月底推出Claude Sonnet 4.5，而科技巨头谷歌也终于亮出了自己的王牌。美国当地时间 11月18日，Google正式发布了其最新一代人工智能模型 Gemini 3，即日起在Google AI Studio开放预览，API接口同步上线，即将 全面集成到谷歌搜索、Android系统等产品中。 对于行业来讲，大模型的深度落地和商业化路径正变得更加清晰。 多重突破 Gemini 3.0之所以引发如此大的震动，源于它在三个关键领域的突破性进展。 在深度推理能力方面，"Gemini 3的推理能力有了巨大的飞跃，"谷歌Gemini模型产品负责人Tulsee Doshi表示，"它的响应深度和 细致程度是我们以前从未见过的。" 这一发布距离上次Gemini 2.5的发布仅过去七个月，被视为谷歌在AI领域的"绝地反击"关键一战。 在谷歌官方的描述中，Gemini 3可以助力"学习、构建和规划一切"。该模型不仅刷新多项性能纪录，还突出展现了AI从"回答问 题"到"完成工作"的转 ...

Core Viewpoint - The article discusses the issue of battery drain in Android devices, attributing it to applications that excessively use WakeLock, which prevents the device from entering deep sleep mode, leading to increased power consumption [2][7]. Group 1: WakeLock Mechanism - Android devices typically enter a sleep mode to save battery when the screen is off and not charging, but some applications can prevent this by using WakeLock [2]. - WakeLock allows applications to keep the CPU awake in the background for specific tasks, such as music playback or navigation [2][5]. Group 2: Application Behavior - Some developers misuse WakeLock to keep applications running unnecessarily in the background, leading to battery health deterioration [5][7]. - Applications that excessively wake the device without user-perceived tasks are referred to as "battery killers" or "power hogs" [7]. Group 3: Google's New Guidelines - Google plans to update its application quality guidelines to address excessive battery consumption by quantifying what constitutes "excessive power drain" [7][9]. - If an app wakes the device for more than 2 hours in a 24-hour period without valid reasons, it will be flagged for excessive power usage [9]. - For wearable devices, the threshold is stricter, with apps consuming more than 4.44% of the device's total battery per hour being marked [9]. Group 4: Consequences for Non-compliance - Non-compliant applications will receive a public warning label on their Google Play store page, indicating potential battery drain issues [9]. - These applications will also face reduced visibility in the Google Play store, impacting their installation rates [9]. - The new regulations will take effect on March 1, 2026, primarily affecting overseas Android applications using Google Play services [9].

Core Points - Google has announced a significant adjustment to its Android application installation policy, introducing an "Advanced Process" for developers and advanced users to install unverified applications at their own risk, optimizing the previously controversial "full block on unverified app installations" plan [1][2] - The initial policy, announced in late August, aimed to restrict users from installing applications created by unverified developers starting next year, which raised concerns among tech enthusiasts and independent developers about the potential reduction in sideloading options [1][2] Group 1 - The "Advanced Process" specifically addresses the concerns of users with higher risk tolerance who need to download unverified applications, with a core design aimed at preventing fraudulent inducement behaviors [2] - Clear risk warnings will be set within the process to ensure users are fully aware of the security risks associated with installing unverified applications, ultimately leaving the installation decision entirely in the hands of the users [2] - Google is currently collecting early user feedback on this feature and plans to release more implementation details in the coming months [2] Group 2 - Concurrently, Google has launched a developer verification early access program, allowing developers who distribute applications outside of the Play Store to complete identity verification in advance of the developer verification requirements set to be implemented next year [2] - Developers distributing applications through the Play Store will also gradually receive registration invitations for this verification process [2]

Core Viewpoint - Intel has released a new NPU driver update for Linux, which now includes support for the Android system, sparking speculation about its potential applications in the Android for PC project by Google [1][2]. Group 1: Intel's NPU Driver Update - The latest NPU driver update from Intel for Linux includes support for Android, marking a significant development in its technology offerings [1]. - This update has led to discussions among tech enthusiasts regarding its implications for future products [1]. Group 2: Speculations on Android for PC - There is a prevailing theory that Intel's adaptation of the NPU for Android is a preparatory move for Google's Android for PC project, which aims to merge Chrome OS and Android [2]. - The potential outcome could be the introduction of "Android PCs" that run on either Arm or x86 processors [2]. Group 3: Chrome OS Context - Chrome OS has historically targeted niche markets such as netbooks and cloud computers, relying heavily on web applications rather than local processing power [5]. - This design allows Chrome OS to operate on low-performance, low-power processors, resulting in longer battery life and lower costs [7]. Group 4: Hardware Considerations - If Android PCs are intended to succeed Chrome OS, they may not require advanced hardware compatibility, aligning better with the needs of their target users [12]. - Intel's N series processors, which lack NPU and focus on low power consumption, may be more suitable for this market than their higher-end processors [12]. Group 5: Broader Market Implications - Intel's adaptation of the NPU driver may not solely focus on Android PCs but could also cater to other markets, such as automotive applications, where Android interfaces are already in use [16]. - Recent developments in dual-OS tablets that support both Windows and Android suggest that Intel may be responding to market trends rather than solely focusing on Android PC [20].

Core Viewpoint - Google is planning to introduce a "Risk-Based Update System" (RBUS) for the Android operating system to reduce the frequency of system update prompts for users while focusing on high-risk vulnerabilities [1][3]. Group 1: RBUS Implementation - The primary goal of RBUS is to change the Android security update mechanism, limiting monthly updates to only high-risk vulnerabilities, while medium and low-risk vulnerabilities will be addressed in quarterly updates, marking a significant shift in Android's security strategy over the past decade [3][11]. - Google has consistently released monthly security updates since 2015, with the latest update fixing 84 vulnerabilities, including two actively exploited zero-day vulnerabilities [3][11]. Group 2: User Experience and OEM Pressure - While the monthly security updates enhance device reliability, frequent prompts for updates can frustrate users, especially in an era where smartphones are integral to daily life [5][7]. - The introduction of RBUS aims to alleviate pressure on OEM partners, encouraging them to prioritize system security updates, as many manufacturers have previously neglected timely updates, contributing to malware proliferation in the Android ecosystem [7][9]. Group 3: Technical Challenges and Solutions - The fragmentation of the Android ecosystem complicates the update process, with various manufacturers and chip suppliers involved, leading many to only update flagship products [9][10]. - Google has previously attempted to address these challenges with initiatives like Project Treble and Project Mainline, which aimed to simplify the update process but have not fully resolved the issue of frequent security patch updates [9][10]. Group 4: Security Implications of RBUS - RBUS may reduce the number of security patches that OEMs need to handle each month, thereby decreasing their testing and release pressures [10][11]. - However, this approach raises concerns that it could lead to a deterioration of Android's overall security posture, as only actively exploited vulnerabilities will be prioritized, potentially leaving other known vulnerabilities unaddressed [10][11][13].

Core Insights - Selecting a reliable software development company is crucial for project success in the business environment [1] - The article provides a curated list of quality software development companies based on market feedback and technical service capabilities [1] Company Summaries - **Beijing Huasheng Henghui Technology Co., Ltd.**: Specializes in custom software development with extensive experience in military, government, and enterprise projects. Core service areas include military software, industrial software, safety production, digital transformation, and applications in new energy, education, and healthcare [3] - **Beijing Wumu Hengrun Technology Co., Ltd.**: Focuses on information technology solutions for military and state-owned enterprises, offering comprehensive services in military software, education and healthcare software, and digital transformation [4] - **Moore Dimension Technology Co., Ltd.**: A high-tech company in Xi'an specializing in artificial intelligence, with expertise in deep learning, natural language processing, and computer vision. It serves various industries including military, aerospace, manufacturing, finance, e-commerce, education, and healthcare [5] - **Microsoft**: A leading global software company with a product line that includes Windows, Office, and Azure. It is recognized for its advancements in AI, machine learning, and big data analytics [5] - **Google**: Known for its search engine, Google excels in software development with products like Android, Chrome, and Gmail, and has made significant breakthroughs in AI and cloud computing [5] - **Apple**: Renowned for its design and user experience, Apple offers core software including iOS and macOS, ensuring high-quality user experiences [6] - **IBM**: A century-old technology company with deep expertise in hardware, software, cloud computing, and AI, focusing on scalable technology platforms for enterprises [6] - **Oracle**: A leading enterprise software provider known for its database, ERP, and CRM solutions, addressing data storage, big data analytics, and enterprise management needs [7] - **SAP**: A top provider of enterprise management software, particularly in the ERP sector, helping businesses automate and optimize management processes [7] - **Autodesk**: The largest design, engineering, and entertainment software company globally, with AutoCAD dominating the architectural market [8] - **ANSYS**: A leading provider of engineering simulation software, widely used in industries such as nuclear, rail, oil and gas, aerospace, and mechanical manufacturing [9] - **Siemens**: A German technology giant focusing on industrial automation, digital factories, and IoT technologies, providing comprehensive digital solutions [10] - **NVIDIA**: A well-known graphics processing company, recognized for its GPUs that are essential for deep learning and AI applications [10] Selection Summary - Companies should consider project type, budget, and technical depth when selecting a software development partner. The listed companies have distinct strengths, emphasizing the importance of choosing a reliable partner that understands business needs [12]

Group 1 - Alphabet's market capitalization reached $3 trillion for the first time, making it the fourth largest company in the U.S. stock market, following Nvidia, Microsoft, and Apple [1] - The stock price of Alphabet increased by 4.3% to $251.76, with a year-to-date increase of over 33%, outperforming the S&P 500 index's 12.5% gain [1] - A recent court ruling allowed Alphabet to maintain control over its Chrome browser and Android operating system, alleviating investor concerns about potential divestitures [2] Group 2 - Alphabet's cloud computing revenue grew nearly 32% year-over-year in Q2, exceeding market expectations, driven by investments in self-developed chips and the Gemini AI model [2] - The company is diversifying beyond its core search business, with developments in YouTube, Waymo, and other products, indicating a shift towards a more varied business model [2] - Alphabet's current expected price-to-earnings ratio is approximately 23, slightly above its five-year average of 22, but lower than other companies in the "Magnificent 7" [2]

Market Performance - On September 3, U.S. stock indices showed mixed performance, with the Dow Jones down 0.05%, the Nasdaq up 1.02%, and the S&P 500 up 0.51% [1] Technology Sector - Following a federal court ruling on the Google antitrust case, the S&P 500 rose, reflecting optimism about tech giants' ability to withstand regulatory threats. Google shares surged over 9%, reaching an all-time high. The court ruled that Google can retain its Chrome browser but cannot enter exclusive search agreements and must share search data [3] - Other major tech stocks also saw gains, with Apple up over 3%, Tesla up over 1%, and slight increases for Amazon, Facebook, and Microsoft, while Nvidia experienced a minor decline [3] Stock Movements - Notable stock movements included Campbell Soup up over 7%, Deacon Medical up over 6%, and Western Digital up nearly 5%. Conversely, Dollar Tree fell over 8%, and Intuitive Surgical dropped nearly 6% [5] Commodity Market - COMEX gold futures continued to rise, closing up 0.77% at $3,619.77 per ounce, while COMEX silver futures rose 0.52% to $41.81 per ounce [6] Economic Indicators - The Federal Reserve's Beige Book indicated price increases across regions, with ten districts reporting "moderate or slight" inflation and two experiencing "strong input price growth." Consumer spending remained flat or declined due to wages not keeping pace with rising prices [7][8] - The labor market showed stagnation, with 11 districts reporting no net change in employment levels, and a decrease in immigrant workers noted in several regions [8] Employment Data - The U.S. job market showed signs of weakness, with July's employment report revealing a drop in job openings to 7.18 million, the lowest in ten months, and for the first time since April 2021, job openings fell below the number of unemployed workers [9] - The healthcare and social assistance sectors saw the largest decline in job openings, while hiring remained flat across most industries [9] Federal Reserve Outlook - Market expectations for a rate cut by the Federal Reserve have increased, with a 96.6% probability of a 25 basis point cut in September. Fed officials expressed concerns about the labor market's downward risks and the challenges of balancing inflation and employment [10][12][14] - Minneapolis Fed President Kashkari noted that while inflation remains high, there are signs of cooling in the job market, suggesting potential for future rate reductions [13][14]